Their targets have been to centralize knowledge, join central information repositories, and deploy fashions. Many executives say they’re going to activate on their information, however groups must be given the right instruments to take action. Many don’t have a strategy to unlock the worth of information that mixes business needs with know-how.
“Asian demand development this 12 months will be pushed by transportation fuels, particularly jet from a low base with pent-up demand as countries reopen their borders to spice up the tourism sector,” S&P Global said in its April 12 Asia oil market forecast. “However, China’s continued closure of borders remains a hurdle for fast regional restoration.” Q1 New York Harbor jet cracks averaged about $25/b, based on S&P Global Commodity Insights data. The remaining 80% of gasoline and diesel provide a partial hedge, relying on the correlation between the value spreads between jet and that of the other …