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The recent COVID-19 outbreak caused a major disruption to peoples’ movements around the world, resulting in a very sharp curtailment of international air travel. Demand for jet fuel, normally a high value refined product and one of the easiest products to sell, was suddenly at record lows with negative crack spreads recorded in all markets. […]

The pitch “So, how does your platform work?,” you ask the artificial intelligence (AI) Industry 4.0 vendor. “Well, our agnostic AI technology feeds on all of your data sources in real time, and generates predictions, warnings, prescriptions, and recommendations that help you optimize your yield and throughput, while minimizing your losses.” He continues with a […]