{"id":360943,"date":"2020-07-03T10:42:06","date_gmt":"2020-07-03T05:12:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=360943"},"modified":"2020-07-03T10:58:35","modified_gmt":"2020-07-03T05:28:35","slug":"traders-thought-apple-had-the-holy-grail-of-oil-data-but-the-quest-continues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/traders-thought-apple-had-the-holy-grail-of-oil-data-but-the-quest-continues\/","title":{"rendered":"Traders thought Apple had &#8216;the holy grail&#8217; of oil data, but the quest continues"},"content":{"rendered":"<p>Every day, energy merchants collect and scrutinize whatever information they can find on fuel demand to get a trading edge: from satellite data tracking oil tankers worldwide to thermal images from cameras on pipelines and storage tanks.<\/p>\n<p>Real-time data on fuel demand would be the ultimate prize.<\/p>\n<p>On-the-spot gasoline consumption figures would change the way oil markets trade, because it is &#8220;the holy grail of metrics,&#8221; said Patrick DeHaan, head of petroleum analysis at GasBuddy.<\/p>\n<p>A few weeks ago, the market thought it had found it. In mid-April, Apple Inc unveiled new data tracking human mobility trends, capturing user activity in searching for directions on smartphones.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every day, energy merchants collect and scrutinize whatever information they can find on fuel demand to get a trading edge: from satellite data tracking oil tankers worldwide to thermal images from cameras on pipelines and storage tanks. Real-time data on fuel demand would be the ultimate prize. On-the-spot gasoline consumption figures would change the way oil markets trade, because it is &#8220;the holy grail of metrics,&#8221; said Patrick DeHaan, head of petroleum analysis at GasBuddy. A few weeks ago, the market thought it had found it. In mid-April, Apple Inc unveiled new data tracking human mobility trends, capturing user activity [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-360943","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=360943"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360943\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=360943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=360943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=360943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}