Kpler is pleased to announce significant improvements to our data science models for Cushing crude oil tank level estimation.
What has been improved?
Previously, our inventory levels were consistently higher than EIA's figures. With these improvements, our absolute storage values will be aligned with the figures reported by the EIA.
Improved correlation on week-over-week changes compared to EIA data.
How did we improve the data?
Our enhancements were made possible by high-definition imagery available since Q4 2024.
Our Refined Methodology:
Corrected orientation and perspective distortions in drone imagery
Ensured proper alignment of tank tops and bases
Recomputed tank fill levels using advanced technology
Introduced new post-processing rules, including removal of tank roof levels
Enhanced Tank Analysis:
Improved tank identification accuracy
Additionally, we have introduced digital tank twins to recompute tank fill levels and introduced new post-processing rules, including the removal of tank roof levels.