Thomson Reuters has forged a strategic alliance with Wood Mackenzie, a global leader in commercial intelligence for the energy, chemicals, metals and mining industry. The alliance offers Thomson Reuters customers direct access to Wood Mackenzie underlying oil supply chain fundamental data and research reports within Thomson Reuters Eikon, the company’s flagship desktop platform, and through its dedicated data feed for commodities, Thomson Reuters PointConnect. Wood Mackenzie is a Verisk Analytics (Nasdaq:VRSK) business.
The joint endeavor further expands the oil insight currently available via Thomson Reuters from a number of sources, including from Reuters news teams, Thomson Reuters energy analysts, IIR Energy, API and Genscape, to give commodities professionals, such as oil analysts and traders, one of the most comprehensive views of the oil supply chain currently available.
The new information and analysis provided by Wood Mackenzie and available through Thomson Reuters will include crude oil production, crude runs, crude slates, oil product balances and stocks, oil product prices, crack spreads and refining margins. In addition to its availability through PointConnect, the data will be fully integrated into the Eikon desktop workflow as well as being accessible through Eikon’s Interactive Map in later iterations. This further adds to the real-time outage and planned maintenance alerts already in Eikon that allow oil professionals to identify and monitor oil refinery status changes and assess oil capacity and pricing.
Source: Thomson Reuters Press Release