Aveva Group Ltd.

10/30/2024 | News release | Distributed by Public on 10/29/2024 22:08

Rystad: Using AVEVA USC Plan to derive refinery margin signals for profitable decision making in Oil Trading

2024 - AVEVA World - Paris - General interest

Rystad: Using AVEVA USC Plan to derive refinery margin signals for profitable decision making in Oil Trading

Rystad Energy Oil Trading Solution (OTS) delivers oil trading signals with high frequency short-term data coverage of the market by integrating the oil supply, oil demand, real-time oil demand with downstream and refining analysis in one consistent solution. In the last 5 years, volatility has increased significantly due to several factors such as natural events, geopolitics, socio-economics, and public policies. The supply and demand landscape has also changed significantly with the rising penetration of EVs, emerging economies, and availability of new crudes. With AVEVA USC Plan; Rystad Energy will leverage its vast research on refining capacities and outages, with market analysis to adapt to the fast changing landscape and provide high-frequency and up to date oil trading signals.

Industry

Oil Gas and Energy

Company

Rystad Energy

Speaker

Valerie Ruth Panopio

Valerie Panopio is a Senior Oil Markets and Downstream Analyst at Rystad Energy, based in the Sultanate of Oman. She is also the Global Lead for Refinery Margin Modeling, responsible for development of refinery models and generating Rystad Energy's views on refining margins. Her expertise is on crude oil and product valuation, refinery operations, and margin optimization. Prior to joining Rystad, Valerie advised refining clients on production optimization at Aspentech in Singapore. She also worked for Shell in the Philippines where she held various roles in Technology and in Economics and Scheduling.

Session Code

AW24-GEN-D2-SESS-299