A FREE enhancement to your Retainer service Printer–friendly version of prospectus

Value-Added Enhancement to Your Retainer Services
The portal is more than just a convenient way to access PIRA’s forecast data. It also features PIRA's Price Equation Manager, an innovative tool that allows users to integrate various price inputs and individual adjustment factors (including transportation economics) to create custom spreads or netbacks, which can then be stored for easy updating. No more fumbling through multiple data sources and no more tedious calculations — hours of work can now be executed — and re-executed using updated forecasts — in seconds. See below for a demonstration.

The Portal’s forecast horizons include both short-term — monthly averages to December 2008 (in June 2008 the horizon jumps to December 2009) — and long-term (annual averages to 2020). The short-term forecasts are monthly, typically updated at the beginning of the month (after release of end-month reports). Long-term forecasts are updated periodically.

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Users of PIRA's Oil Price Portal benefit from:

Ability to define, analyze and store up to 100 price spreads based on customized equations tied to any of the available forecasts. Ability to export large data sets in Excel, CSV, and PDF formats as well as click-of-the-mouse charting capabilities.

Sample data table from the Energy Price Portal

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Comprehensive Coverage of Oil, Gas, and Coal

The Oil Section in the Energy Price Portal currently covers 26 worldwide crudes as well as 89 product prices in the following markets: U.S. Gulf Coast, Chicago, New York, U.S. West Coast, Rotterdam, the Mediterranean, Singapore, the Arab Gulf and Japan. They are available only to clients of PIRA’S Global Oil Retainer Service. Complete list of prices. The Natural Gas Section is divided into North American and European price packages, accessible to clients to those respective retainer services. For the North American gas market, coverage includes historical and forecast average daily spot prices at Henry Hub as well as well as 20 regional price differentials to HH. For the European gas market, coverage of prices extends quotations for Wholesale (5 prices), NBP Index (3), and End-User (50). Complete list of prices for both North America and European natural gas. The Coal Section is divided into U.S. and International packages. PIRA North American Electricity and U.S. Coal Retainer clients are automatically entitled to the data in the U.S. package. International Coal Retainer clients are entitled to both the U.S. and International packages. For the U.S. market, coverage is on Central Appalachian (NYMEX-specification), Illinois Basin, and Powder River Basin coal prices. For the international market, coverage of prices extends to Europe, South Africa, Colombia, Australia, and Japan. Complete list of prices.

A user-created chart

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Use the Freight Equation Manager to Improve Your Custom Price Spreads

Clients to PIRA’s Freight Market Outlook Portal can use the Freight Equation Manager to define, analyze and store custom freight profiles in the form of multi-variable equations. For example, if a user wanted to calculate the cost of transporting North Sea crude to Northwest Europe, including an adjustment for insurance and other incidental costs, he could set this up and save it as a named configuration scenario. It would then be automatically updated and available for viewing or downloading each time he logged on to the site. Users can store individual configurations and use PIRA's forecasts to project freight rates with automatic monthly updates. By integrating your own transportation calculations with the Energy Price Portal, product sales netbacks from different regional markets can be assessed simultaneously. Complete list of prices.

The FMO Portal’s Freight Equation Manager

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Creating a Custom Price Spread Using the Portal’s Price Equation Manager

The Price Equation Manager is a key feature of the Energy Price Portal. It gives the user the ability to define, analyze and store up to 100 custom price spreads. This is how it works using oil data:

With the Equation Manager:

Refiners can store individual configurations and use PIRA’s forecasts to project refinery margins by month through 2008 and annually through 2020, with automatic updates. Producers can now store individual crude value equations tied to regional markers and key price-setting crudes for the future. Traders can use these spread relationships as a predictive tool in forecasting price development and in planning, trading, and hedging strategies. Further, users with access to the Freight Market Portal can add their own transportation components to assess product sales netbacks from all major regional markets.

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Prices Contained in the Energy Price Portal

*Some Oil Retainer clients do not currently have access to all prices. Contact your PIRA sales representative for an explanation.

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*Available only to clients of PIRA’s Freight Market Outlook.

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Click here for more information on Energy Price Portal.