KazMunayGas-Aero LLP hosted a working meeting with representatives of the international analytics company S&P Global to discuss pricing dynamics for 2024 and forecast projections for 2025.
During the meeting, the parties held an in-depth discussion on current trends in the petroleum products market, pricing mechanisms, and potential adjustments to pricing approaches in the upcoming period. Special attention was given to refining the analytical tools employed and exchanging best practices aimed at enhancing transparency and efficiency in working with price indicators.
S&P Global representatives also introduced a new initiative based on artificial intelligence technologies — AI and Commodities. The project is designed to accelerate the processing and analysis of data related to PLATTS-based pricing. It was noted that the use of AI significantly improves forecast accuracy and supports faster decision-making based on large-scale data analysis.
The management of KazMunayGas-Aero LLP expressed strong appreciation for the initiatives presented and reaffirmed its commitment to strengthening strategic cooperation with S&P Global in the areas of analytics and market monitoring.