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2014-08-08 08:22:10

Up 190,000 Barrels Per Day from June on Saudi and Libyan Output Increases LONDON, Aug. 8, 2014 /PRNewswire/ -- Platts - Oil production from the Organization of the Petroleum Exporting Countries (OPEC) climbed back above 30 million barrels per day (b/d) in July for the first time since February on the back of output boosts from Libya and Saudi Arabia, according to the latest Platts survey of OPEC and oil industry officials and analysts. July production from the 12-member oil...

2014-08-06 00:20:32

Monthly Index Totaled 46.97, up 1.07 Points from July's Reading of 45.90 BEIJING, Aug. 6, 2014 /PRNewswire/ -- The health of China's steel sector is not expected to greatly improve in August, with the industry largely anticipating that new steel orders will stay flat over the next month, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 46.97 out of a possible 100 points. The August reading is up 1.07 points from 45.90 in July, and...

2014-08-04 04:20:42

Addition of New Daily Assessment to Cater to Evolving Market Appetite SINGAPORE, Aug. 4, 2014 /PRNewswire/ -- Platts, a leading global energy, petrochemicals, metals and agriculture information provider, launched on Friday a new daily price assessment of thermal coal as delivered to India, augmenting its suite of India-focused price references. The new daily assessment reflects the commercial and merchantable value of thermal coal with a calorific value of 5,500 kilocalorie per...

2014-08-03 20:20:31

The Steel Index (TSI)-Based Coking Coal Futures and Swaps Launched Today SINGAPORE, Aug. 3, 2014 /PRNewswire/ -- The Singapore Exchange (SGX) is utilizing The Steel Index (TSI)'s daily coking coal price indices published by Platts, a leading global provider of energy, metals and commodities information, as the settlement basis for its metallurgical coal futures and swaps contracts launched today. "The steelmaking industry and the marketplace benefit from more information and we're pleased to...

2014-08-01 08:23:04

To Bring Clarity to Evolving Market for Lower-Cost Shipping Fuels LONDON, Aug. 1, 2014 /PRNewswire/ -- Platts, a leading global provider of energy, petrochemicals and commodities information and a top publisher of benchmark price references, today launched two daily price assessments aimed at bringing greater clarity to the fuel oil barge and bunker markets. The new assessments reflect values in Rotterdam, Netherlands, one of the world's largest oil, petrochemicals and biofuels centers. "The...

2014-07-29 08:23:44

June Demand up 8.6% from May; Above 10 Million Barrels Per Day 2nd Time This Year SINGAPORE, July 29, 2014 /PRNewswire/ -- China's apparent oil demand* in June turned directions from May and climbed 2.7% versus the same month a year ago to 41.94 million metric tons (mt) or an average 10.25 million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. On a month-over-month basis, apparent oil demand was up 8.6% from May. "Analysts...

2014-07-25 12:22:33

June Production from Prolific Basins Up 642,000 Barrels Daily Versus Year Ago DENVER and HOUSTON, July 25, 2014 /PRNewswire/ -- Oil production from shale formations in North Dakota and Texas increased by more than 33% in June, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information. The production increase is most likely attributable to the rise in returns producers are...

2014-07-24 16:22:26

NEW YORK, July 24, 2014 /PRNewswire/ -- Platts, a leading global energy, petrochemicals, metals and agriculture information provider, has enhanced its cartographic portfolio with the release of the 2014 North American Natural Gas System Map - a complete view of the U.S. and Canadian natural gas industry, from extraction point to export terminal. In addition to its geographical features, the map -- used around the world for more than 20 years -- illustrates existing infrastructure information...

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...


Word of the Day
virgule
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.
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