CRUDE OIL
The ability to provide a real time volumetric and financial position report which reflects a true position and reduces operational risk associated with manipulated spreadsheets is key to efficient crude oil operations.
The crude oil market can impact a wide array of businesses and SolArc RightAngle® is designed and ideally suited to support different perspectives; from proprietary trading, to marketing crude production to crude purchasing and managing the supply chain, to a refinery gate, RightAngle is designed to assist traders, marketers, and buyers make sense of the avalanche of contracts, terms, nominations, complex price formulas, hedging strategies and logistical decisions.
RightAngle is ideally suited to support today's integrated oil company, modern merchant refiner/marketer, crude oil trader and state owned energy company. RightAngle supports the entire organization from commercial decisions to accounting for crude oil transactions, storage and logistics.
SolArc RightAngle solutions for crude oil:
- Trading Desktop
- Vessel & Barge
- Rail & Truck
- Petroleum Pipeline
- Accounting & Settlements
- Lease Center
- VaR Center
Learn more about our support for the following industries:
"RightAngle instantly provides me a mark to market report that I can break down into components very easily without a dedicated IT resource." - Commodities Trader
"RightAngle allows us to see the delivered price of crude to a refinery even when there are very complex pricing provisions." - Director of Operations
