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    Press Release: S&P Global Merges With IHS Markit

    On February 28, 2022, S&P Global completed its merger with IHS Markit, the next step in delivering data, technology and expertise that accelerates progress.

    Read: 2021 Annual Report

    As great as last year was for our company, in many ways 2022 is shaping up to be even better. In February, we closed a transformative merger with IHS Markit. We believe combining our two companies will create substantial long-term value for all our stakeholders.

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    Read: Utility at a cost: Assessing the risks of blockchain oracles

    Oracles are protocols that enable blockchains to both import and export off-chain data for use in smart contracts, as well as enable cross-chain communication. Evaluating the risks of smart contracts also means considering the key vulnerabilities introduced by oracles: concentration, data quality and technical risks.

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    Despite longer-term pressures on funding sources, a focus on cash flow generation and debt repayment, along with higher oil prices and slower demand growth, has reduced external financing needs for the sector, a trend we expect to continue for the foreseeable future.

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    Technology hasn’t quite caught up to the metaverse’s potential for improving human interconnectedness and emulating physical processes, but the enablement of its use cases will inevitably bear advancements in technology and computing power.

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Aaron Brady

Vice President, Energy Oil Market Services, S&P Global Commodity Insights

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  • Unconventional Oil & Gas
  • Commodity Price Forecasts
  • Crude Oil & Refined Products Markets
  • Oil Markets Supply, Demand and Pricing
  • Oil Prices
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Aaron Brady serves as vice president of Energy Oil Market Services at S&P Global Commodity Insights

Aaron joined S&P Global in 2004 and has more than two decades of experience in energy markets. He is responsible for developing and coordinating S&P Global's long-term global oil market outlook and deeper dives on the North American oil market. His expertise covers industry dynamics, global and regional oil supply and demand trends, oil trade and infrastructure developments.

Aaron has authored numerous reports covering vital topics, such as the role of key pipeline projects, US crude oil exports, biofuels, the economics of electric vehicles, peak oil demand in the developed world, along with many regular market briefings and World Oil Watch reports. He regularly briefs clients on S&P Global energy outlooks and has been a regular presenter at the annual CERA Week conference in Houston. He has been quoted in numerous media outlets including the Wall Street Journal, New York Times, and Bloomberg, among others.

Previously, he was a consultant in the oil industry, focusing on downstream regulatory issues. Aaron's university degrees include a Bachelor of Arts from Amherst College, United States, and a master's degree from Johns Hopkins University's Paul H. Nitze School for Advanced International Studies (SAIS), Washington, D.C.

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