The in situ validation of the satellite altimeter sea surface heights is generally performed either at a few local points directly flown over by the satellites or using the global tide gauge network.
Towards the end of 2017 and for much of the first quarter of this year, both oil futures benchmarks – i.e. Brent, the global proxy gauge, and West Texas Intermediate, the keenly watched U.S. contract – oscillated in very predictable ranges marking a gradual uptick to sub-$70 per barrel for the former, and sub-$65 for the latter by end of Q1 2018.
The current study was based on combining a variety of so-called "reconstructions" of past rates of sea level from 24 locations around the world with more recent measurements from 66 global tide gauges.
Vincent St. Louis, a biogeochemist at the University of Alberta, Edmonton, in Canada and lead author of a 2000 BioScience paper that was the first to gauge global emissions from reservoirs, praised the new study for highlighting the importance of this particular greenhouse gas.
Still, an index tracked by JPMorgan Chase that gauges global production has climbed for three consecutive months.
Since January, the price for Brent oil, a type of crude commonly used as a global benchmark for gauging prices, is up more than 20percentt.
The Spring 2014 issue of MIT Sloan Management Review features a special report on understanding your customers, from gauging global clients' satisfaction through the use of big data to figuring out better strategies for improving customer complaint resolution.
Legates, D. R. & Willmott, C. J. Mean seasonal and spatial variability in gauge corrected global precipitation.
"If you're looking to gauge the global and domestic economy, look no further than U.P.S. and FedEx," Mr. Sterling said.
Hopes of a resolution in the US-China trade war have sent MSCI's gauge of global stocks up 0.5% to its highest levels since early October.
