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Latest Platts Stories

2014-07-17 08:22:50

Deal Supports Strategy of Linking Price and Fundamentals to Provide Unique Insights LONDON, July 17, 2014 /PRNewswire/ -- Platts, a leading global energy, petrochemicals, metals and agriculture information provider, announced today that it has acquired London-based Eclipse Energy Group, a privately owned provider of data and analysis on the European gas, power and global liquefied natural gas (LNG) markets. The acquisition will enable Platts, a business of McGraw Hill Financial...

2014-07-16 20:21:16

Average prices fell for fifth consecutive month to lowest level since April 2011 SINGAPORE, July 16, 2014 /PRNewswire/ -- Prices of spot liquefied natural gas (LNG) for August delivery to Asia plummeted 26.5% year-over-year to an average $11.365 per million British thermal units (/MMBtu), the lowest monthly average since April 2011, the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery showed. The drop came as supply continued to outweigh demand. The data reflects the...

2014-07-14 12:23:06

LONDON, July 14, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market climbed $26 per metric ton (/mt) in June, up 2% from the previous month and the first price increase in five months, according to the just-released monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark basket of seven widely used petrochemicals and is published by Platts, a leading global energy, petrochemicals and metals information provider and a top source of...

2014-07-11 08:22:11

State's Top Energy Official Will Discuss Outlook for Shale Drilling, Wind Energy WASHINGTON, July 11, 2014 /PRNewswire/ -- Platts, a leading global provider of energy, petrochemicals, metals and agriculture information, announces its Platts Energy Week TV program will begin airing in one of the top energy-producing states in the U.S. Sunday with its debut on Oklahoma's statewide public broadcasting service (PBS) network. OETA The Oklahoma Network will become the 17(th) PBS market...

2014-07-10 20:21:15

Down 30,000 Barrels Per Day from May on Cuts by Iraq, Qatar, Algeria LONDON, July 10, 2014 /PRNewswire/ -- Platts - Oil production from the Organization of the Petroleum Exporting Countries (OPEC) dipped by 30,000 barrels per day (b/d) in June to 29.94 million b/d, according to the latest Platts survey of OPEC and oil industry officials and analysts. The survey showed Iraq's output plunge of 160,000 b/d was largely offset by production increases from several other OPEC member...

2014-07-09 08:21:50

Price Assessments Featured in New Supplement "Turkish Power Weekly" LONDON, July 9, 2014 /PRNewswire/ -- Platts, a leading global provider of energy and commodities information, has introduced four new price assessments aimed at helping Turkey's utilities better determine power costs and bringing greater clarity to one of Europe's burgeoning power transit hubs. "With the new assessments, Turkish and European utilities and risk managers, alike, will be better able to assess power generation...

2014-07-07 16:21:52

Producers Continued to Set Records, But Growth Pace Ebbed From May DENVER, July 7, 2014 /PRNewswire/ -- June proved to be another record-breaking month for U.S. natural gas output in the lower 48 States, with production totaling 68.1 billion cubic feet per day (Bcf/d), according to the latest estimates from Bentek Energy, an oil and natural gas analytics and forecasting unit of Platts. This was up 0.3% from May and the highest monthly production average on record. It exceeded the...

2014-07-03 04:21:44

European Power Prices Dipped as German Coal Plants Started Operations LONDON, July 3, 2014 /PRNewswire/ -- Day-ahead natural gas prices in the U.K. and continental Europe continued to fall in June after reaching multi-year lows in May, according to data just released by Platts, a leading global energy, petrochemicals and metals information provider. U.K. day-ahead natural gas prices were down 13% month over month and down 35% year over year, while day-ahead gas prices on the Dutch...

2014-07-02 08:22:44

Monthly Index Totaled 45.90, down 6.03 Points from June's Reading of 51.93 BEIJING, July 2, 2014 /PRNewswire/ -- The health of China's steel sector appears to have ebbed slightly, with the industry largely anticipating a slowdown in new steel orders in July, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 45.90 out of a possible 100 points and marked a six-month low. The July reading is down 6.03 points from 51.93 in June and the...

2014-06-27 08:21:56

Gasoil, Fuel Oil Demand Contracted On Poor Fundamentals SINGAPORE, June 27, 2014 /PRNewswire/ -- China's apparent oil demand* in May dipped 0.7% compared with the same month last year to 39.92 million metric tons (mt) or an average 9.44 million barrels per day (b/d), a just-released Platts analysis of Chinese government data showed. Apparent oil demand last month was at its lowest level in nine months -- recording the first year-on-year contraction since January -- following three...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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