Genscape Launches Rail Delivered Crude Price Assessments for Significant Market Destinations; Expands Insight into Key Component of Oil Supply Chain - FOX 42: Omaha News, Sports and Weather; kptm.com |

Genscape Launches Rail Delivered Crude Price Assessments for Significant Market Destinations; Expands Insight into Key Component of Oil Supply Chain

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New delivered crude prices bring unparalleled transparency to North American physical crude-by-rail markets.

Houston, TX (PRWEB) August 14, 2014

Genscapes PetroRail Report, the crude-by-rail sectors leading newsletter publication, now features seven new price assessments for physical crude oil delivered by rail into the most significant market destinations.

The new Genscape Rail Delivered Crude Price Assessments for railed crude delivered into Albany, NY, Philadelphia, PA, Yorktown, VA, St. James, LA, Houston, TX, and Anacortes, WA are made using Genscapes proprietary Crude Differential Assessments for the price of Bakken crude at rail terminals in North Dakota as well as in Western Canadian Select at Hardisty.

The Rail Delivered Crude Price Assessments show the price of Bakken and Western Canadian Select physical crude delivered into the main destination regions for railed crude using Genscapes weekly proprietary crude-by-rail transportation cost assessments, including railroad cost and tank-car leasing rate assessments. The information and market intelligence for the assessments is gathered by surveying a wide range of crude-by-rail market participants. Further detailed methodology on the new range of assessments is available to subscribers via the Genscape dashboard.

Genscape has always been about bringing transparency to the fundamentals behind oil and energy markets. These delivered crude prices are about bringing transparency to the massively growing crude-by-rail market, Genscape Managing Director of Oil Chris Sternberg said.

Genscapes Crude Differential Assessments, Rail Delivered Crude Price Assessments, Rail Cost Assessments and Rail-Car Leasing Rate Assessments are published weekly and are available to subscribers through an online dashboard, as well as in the weekly PetroRail Report. The Report also features the latest crude-by-rail loading data for 95 percent of the rail loading capacity located in the Bakken region, plus the latest rail unloading volumes at major rail unloading facilities including Global Partners terminal in Albany, Plains All Americans terminal in Yorktown, PBF Energys Bakken terminal in Delaware City, DE, and both the PAA and NuStar/EOG rail terminals located in St. James.

Genscape also published a white paper today with insight into the U.S. Department of Transportations recent Emergency Order related to Bakken rail traffic. Learn more about the challenges facing the young crude-by-rail industry and download the white paper here: info.genscape.com/us-regulation-on-crude-by-rail-traffic-pr

To learn more about the Genscape PetroRail Report or request a free trial, please visit: info.genscape.com/petrorail-report-pr

About Genscape

Genscape is the leading global provider of real-time data and intelligence for commodity and energy markets, driven to improve market transparency and efficiency. With thousands of patented monitors strategically deployed worldwide, Genscape is unique in its ability to collect and report proprietary market fundamentals in real-time or near real-time. Genscape delivers innovative solutions across a number of asset classes including: Oil, Power, Natural Gas and LNG, Agriculture, Petrochemical and NGLs, Maritime, and Renewables. Genscape clients often gain first-mover advantage, improve risk management, or increase operational efficiency. For more information, please visit: http://www.genscape.com

For the original version on PRWeb visit: http://www.prweb.com/releases/2014/08/prweb12095491.htm

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