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Latest Platts Stories

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...

2014-06-26 16:20:30

LONDON, June 26, 2014 /PRNewswire/ -- Expanding its portfolio of products dedicated to shipping, Platts, a leading global provider of energy, petrochemicals, metals and agriculture information, has launched Platts Dry Freight Wire, a daily report that consolidates all of Platts' prices, news and market commentary related to dry commodity shipping. The new market report, which debuted on June 25, complements three longstanding Platts publications that provide similar coverage of crude...

2014-06-19 16:22:43

Winter Saw Consumption Climb 17%, Stockpiles Plunge to Pre-2006 Levels NEW YORK, June 19, 2014 /PRNewswire/ -- U.S. coal is poised to retain its majority share of the U.S. power market, based on winter 2014 consumption and inventories data just released by Bentek Energy®*. U.S. coal consumption in winter 2013-2014 increased 17% from winter 2012-2013 to 74.1 million short tons per month. Similarly, coal-fired generation accounted for an estimated 44% of the total U.S. power stack,...

2014-06-17 20:21:06

Fourth Consecutive Month of Price Decline in Platts Japan/Korea Marker SINGAPORE, June 17, 2014 /PRNewswire/ -- Prices of spot liquefied natural gas (LNG) for July delivery to Asia fell 9.5% to an average $12.951 per million British thermal units (/MMBtu) on a month-over-month basis, according to the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery. The price decline is largely the result of high LNG inventories on the back of a warmer than average winter season....

2014-06-16 16:21:39

LONDON, June 16, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market slipped $3 per million metric ton (/mt) in May, marking the fourth consecutive month of price declines, 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 benchmark price...

2014-06-12 12:22:33

One of 20 Recipients Since 1994 Recognized for Helping Shape the Evolution of Markets LONDON, June 12, 2014 /PRNewswire/ -- Jorge Montepeque, global editorial director of market reporting for Platts, a leading global provider of energy, metals, petrochemicals and agriculture information, was bestowed a 2014 Lifetime Achievement Award by Energy Risk Magazine Wednesday evening. Energy Risk Magazine is published by London-based Incisive Media, a leading global business-to-business...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.