Quantcast

Latest Platts Stories

2014-05-09 16:21:46

April 2014 Continues Record-Breaking Production Trend Seen in March DENVER, May 9, 2014 /PRNewswire/ -- The month of April 2014 is now the most prolific natural gas producing month in U.S. history, according to the latest estimates from Bentek Energy, an oil and natural gas analytics and forecasting unit of Platts. Production for the lower 48 U.S. states last month averaged 67.3 billion cubic feet per day (Bcf/d), about 0.5 Bcf/d higher than March 2014 production levels of 66.8...

2014-05-06 08:24:05

U.K., European Natural Gas Price Drop Accelerated on Early Storage Fills LONDON, May 6, 2014 /PRNewswire/ -- Day-ahead electricity prices in continental Europe fell for the fourth consecutive month in April to the lowest monthly average since June, 2013, according to data just released by Platts, a leading global energy, petrochemicals and metals information provider. Meanwhile the decline in European and U.K. natural gas prices accelerated in April, down 11% and 12% respectively...

2014-05-02 12:23:14

May 1 Magic-Themed Event Raises More Than 124,000 pounds Sterling in Support of Sick Children LONDON, May 2, 2014 /PRNewswire/ -- London's energy, financial and trading communities turned on the magic when they convened May 1 for the annual Platts-sponsored Energy Dinner, which raises funds for WellChild, the U.K. national organization for sick children and one of patron Prince Harry's six favorite charities. Patrons donated approximately £124,000* in support of WellChild at the 11(th)...

2014-05-01 08:24:37

Monthly Index Totaled 50.34, down 21.80 Points From April's Reading of 72.14 BEIJING, May 1, 2014 /PRNewswire/ -- The health of China's steel sector appears to be leveling off and likely to see less support from demand growth in May, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 50.34 out of a possible 100. This is down 21.80 points from the April level of 72.14, but is above 50, which is the pivot point for indications of...

2014-04-25 12:22:59

Demand Contracts in First Quarter of 2014 SINGAPORE, April 25, 2014 /PRNewswire/ -- China's apparent oil demand* in March rose 0.5% year over year to 41.55 million metric tons (mt) or an average 9.83 million barrels per day (b/d), a just-released Platts analysis of Chinese government data showed. The growth in apparent oil demand last month is significantly less than in previous years, when it averaged 1.9% in March 2013 and 4.2% in March 2012. China's refinery crude throughput...

2014-04-23 20:21:01

New price marker to reflect expanding crude-by-rail market for Bakken HOUSTON, April 23, 2014 /PRNewswire/ -- Platts today announced it has expanded its North American shale crude oil offering to include an assessment of value nearest the Bakken crude wellhead in the Williston Basin. The new price assessment captures the value of Bakken crude oil from the Bakken shale formation at the point where there is transportation flexibility- either by rail or pipeline. On April 23, 2014,...

2014-04-17 04:20:43

On a Year-Over-Year Basis, May LNG Prices Rose Nearly 1% SINGAPORE, April 17, 2014 /PRNewswire/ -- Prices of liquefied natural gas (LNG) for May delivery to Asia fell 11.8% to an average $15.559 per million British thermal units (/MMBtu) as the market continued to cool off ahead of the summer peak demand season, according to the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery. The data reflects the daily Platts JKM for May assessed between March 17 and April 15,...

2014-04-10 16:21:25

Down 550,000 Barrels Per Day from February on Saudi, Iraqi and Libyan Cuts LONDON, April 10, 2014 /PRNewswire/ -- Platts - Oil production from the Organization of the Petroleum Exporting Countries (OPEC) plunged 550,000 b/d from February to 29.56 million b/d in March -- its lowest level since mid-2011 -- according to the latest Platts survey of OPEC and oil industry officials and analysts. The decline followed February production of 30.11 million b/d and was mainly attributable to...

2014-04-09 04:20:32

Customizable Pricing Solutions Tool Now Has Historical Data, Cross-Referencing and More LONDON, April 9, 2014 /PRNewswire/ -- Platts, with its commercial partner Minerals Value Service GmbH, today announced several enhancements to the Minerals Value Service (MVS) online analytics platform, which allows traders and miners of iron ore to calculate and compare grade-specific values of the commodity under varying buying and selling scenarios. New MVS features allow users to: -- Access...

2014-04-08 08:24:17

Natural Gas Prices Declined Again in U.K. and Continental Europe on Mild Weather LONDON, April 8, 2014 /PRNewswire/ -- Day-ahead electricity prices in continental Europe recorded a fifth consecutive monthly decline in March as surging German solar and wind output helped chase prices lower in neighboring countries, according to data just released by Platts, a leading global energy, petrochemicals and metals information provider. The Platts Continental Power Index* (CONTI) fell 8.4%...


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).
Related