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Last updated on April 18, 2014 at 9:32 EDT

Latest Platts Stories

2013-11-26 16:21:51

Apparent Demand Also Improved Month-on-Month, Driven by Higher Refining Activity SINGAPORE, Nov. 26, 2013 /PRNewswire/ -- China's apparent oil demand* in October edged up 0.9% to an average 9.83 million barrels per day (b/d) or 41.59 million metric tons (mt) versus year-ago data, according to a Platts analysis of Chinese government data. The October average marked a reversal of the 2.3% year-over-year contraction in apparent demand seen in September, when it averaged 9.66 million...

2013-11-21 08:21:50

Features Market Analysis, Bentek Energy's 10-Year Price Forecasts and Holistic Approach LONDON, Nov. 21, 2013 /PRNewswire/ -- Abundant shale natural gas reserves in the United States are expected to keep petrochemical producers in North America well stocked with inexpensive ethane for the next decade, according to the just-launched Platts Petrochemical Analytics: Shale Gas to Polyethylene - Global Outlook to 2023, a new quarterly report which features a 10-year price forecast from Platts' oil...

2013-11-19 08:22:29

On a year-over-year basis, December prices increased 30.75% SINGAPORE, Nov. 19, 2013 /PRNewswire/ -- Prices of liquefied natural gas (LNG) for December delivery to Asia increased 11.5% from November to $17.689 per million British thermal units (/MMBtu), as North Asian buyers began to build inventories ahead of the peak winter months, according to the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery. The monthly average Platts JKM for delivery in December was assessed...

2013-11-18 04:21:47

LONDON, Nov. 18, 2013 /PRNewswire/ -- Platts, a leading energy, petrochemical and metals information provider, said today that an independent assurance review completed by Ernst & Young confirms that Platts' governance and controls framework, policies and editorial practices align with IOSCO's Principles for Oil Price Reporting Agencies. "The results of the review confirm that Platts sets - and meets - high standards for price reporting," said Larry Neal, president of Platts....

2013-11-12 16:21:19

LONDON, Nov. 12, 2013 /PRNewswire/ -- Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) remained broadly unchanged at 29.93 million barrels per day (b/d) in October following production of 29.91 million b/d in September, a just-released Platts survey of OPEC and oil industry officials and analysts showed Tuesday. Increased output from Iraq and Libya of 360,000 b/d was almost completely offset by reductions totaling 340,000 b/d, of which the...

2013-11-12 08:25:38

U.K. and European Natural Gas Down as Mild Weather Combines with Ample Supplies LONDON, Nov. 12, 2013 /PRNewswire/ -- Day-ahead electricity prices in Continental Europe fell sharply in October, with warm weather suppressing demand and windy conditions boosting renewable energy output, according to monthly data just released by Platts, a leading global energy, petrochemicals and metals information provider. The Platts Continental Power (CONTI) Index* fell 10.2% in October to EUR44.44...

2013-11-01 08:22:31

New contracts will launch on November 18 and include Oil, Biodiesel, Natural Gas Liquids and Environmental products LONDON, Nov. 1, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today announced the introduction of 64 new energy contracts on November 18, 2013. The new contracts, which will be available for trading at either ICE Futures Europe or ICE Futures U.S. Energy Division and cleared at ICE Clear Europe,...

2013-10-29 08:26:02

NOCs, Shale, Coal Drove Changes in Annual Financial Performance SINGAPORE, Oct. 29, 2013 /PRNewswire/ -- The growing influence of Asian companies in the world's energy markets was demonstrated once again with the unveiling of the 2013 Platts Top 250 Global Energy Company Rankings(TM). Asian companies moved up in both number and position when Platts, a leading global commodity information provider, announced its annual financial performance rankings, now in its 12(th) year, at a...

2013-10-23 12:31:39

Apparent Demand Decline Reflected In Lower Refinery Utilization, Net Imports SINGAPORE, Oct. 23, 2013 /PRNewswire/ -- China's apparent oil demand* in September fell by 2.3% to an average 9.66 million barrels per day (b/d) or 39.55 million metric tons (mt) versus year-ago data, according to a Platts analysis of Chinese government data. This marks the first time that China's apparent oil demand showed a contraction since August 2012 and follows a year-over-year rise of 5.3% in August...

2013-10-21 00:21:26

Independent Data Brings Greater Transparency to Markets BEIJING, Oct. 21, 2013 /PRNewswire/ -- Platts, a leading global energy and commodities information provider, and Fenwei, China's largest and most respected coal market information provider, have formed a commercial partnership to produce the world's first Chinese-led, independent and editorially-assessed thermal coal prices for the Chinese market. Through the partnership, the two companies have begun jointly publishing two new daily...