Traders thought Apple had 'the holy grail' of oil data, but the quest continues

By Laura Sanicola

Crude oil storage tanks in Cushing, Oklahoma, United States, April 21. — Reuters

NEW YORK: Every day, energy merchants collect and scrutinise 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.

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