Covid-19 Impact on Oil and Economy

infoceptsMSBI — Wed, 09 Sep 2020 14:59:31 GMT

Summary

Covid-19 has had impact on Oil which in turn has affected various sectors of economy including Transport, Aviation and Tourism. Overall decline in demand across the globe, has affected the trade between nations, increased the stock of Oil which in turn has resulted in steep decline in price. Our Analysis links the drop in prices to increased storage costs, changes in supply-demand metrics, changes in Trade, opportunistic behavior in Oil importing countries and the overall macro - economic health. This analysis will help Oil Producing companies, Governments, Aviation Sector to make informed decisions based on various macro – economic variables at play.

Through our analysis we hope to make this famous quote literal - 'Data is the new Oil of 21st Century'.

Challenges

High Volume of data available, but in varied sources , data had to be collated from different sources
No prior linkage between Oil and different sectors of Economy
Analysis available in OPEC/United Nations reports is complex and difficult for people employed in other domains to understand

Solution

Our solution enabled the following capabilities to address customer challenges:

Interactive and seamless map interface that accelerated the decision-making process

To help industries take informed decisions considering latest macro-economic developments

Opportunistic trends for Oil importing countries
To understand impact of Oil prices on various sectors of Economy
To analyze Oil production/Oil storage costs
Dashboard depicting trade metrics, supply vs demand trend
Dashboard for Oil prices influencing Global indices and GDP figures

KPIs / Stats

-43.93%	48.60%
Oil Prices decrease (m-o-m)	Refinery Utilization

+55%	+44%
Improved Decision making	Ease of Use

www.infocepts.com

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Re: Covid-19 Impact on Oil and Economy

Aamir_khan — Tue, 15 Sep 2020 14:47:01 GMT

nice work. can you please share the pbix file with me. mdaamir200@gmail.com

Re: Covid-19 Impact on Oil and Economy

Anonymous — Wed, 24 Mar 2021 06:15:43 GMT

great work. How did you do the layout on the buttons to show the KPIs?

I tried placing the card on top of the button but doesn't seem to work?

Re: Covid-19 Impact on Oil and Economy

DIALLO_OUMAR — Sat, 30 Oct 2021 16:44:01 GMT

Very nice.

Please can you share with me the Pbix or the link of data source. My email is : oumartonio@gmail.com.

Thanks.

Re: Covid-19 Impact on Oil and Economy

Icad01 — Sat, 30 Oct 2021 18:08:13 GMT

Nice work 🙂

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Covid-19 Impact on Oil and Economy

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Re: Covid-19 Impact on Oil and Economy

Re: Covid-19 Impact on Oil and Economy