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Latest Platts Stories

2014-02-18 12:23:18

Prices rose 3.2% on the month and 1.5% versus March 2013 SINGAPORE, Feb. 18, 2014 /PRNewswire/ -- Prices of liquefied natural gas (LNG) for March delivery to Asia gained 3.2% from February, averaging a record high $19.419 per million British thermal units (/MMBtu), as limited availability and competitive buying pressures supported prices, the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery showed. The monthly average Platts JKM for delivery in March 2014 was assessed...

2014-02-12 12:25:20

NEW YORK, Feb. 12, 2014 /PRNewswire/ -- Platts, a leading global energy, petrochemicals and metals information provider, has just released the 2014 edition of its annual UDI Directory of Electric Power Producers and Distributors, published since 1952. Recognized as the definitive reference to the North America electric power sector, the directory contains comprehensive profiles of nearly 5,000 utilities and energy service providers in the U.S. and Canada. Each profile provides organization...

2014-02-10 16:22:33

Up 150,000 b/d from December and driven by up-stepped Libyan production LONDON, Feb. 10, 2014 /PRNewswire/ -- Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) rose 150,000 barrels per day (b/d) to 29.87 million b/d in January from 29.72 million b/d in December as an increase of 280,000 b/d in still-beleaguered Libyan production more than offset drops in Angola, Iraq and Saudi Arabia, a just-released Platts survey of OPEC and oil industry...

2014-02-07 08:21:33

LONDON, Feb. 7, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market increased in January to $1,424 per metric ton (/mt), up 1% from December, 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 references. The higher...

2014-02-06 16:22:03

Year-Over-Year January Production Was Up 3.2% From 2013 DENVER, Feb. 6, 2014 /PRNewswire/ -- U.S. domestic natural gas production in the lower 48 states averaged 65.0 billion cubic feet per day (Bcf/day) in January 2014, according to the latest estimates from Bentek Energy, the oil and natural gas analytic unit of Platts. This is down 0.8 Bcf/d or 1.1% from December 2013, but on a year-over-year basis it is up 3.2% from January 2013. The U.S. Energy Information Administration (EIA)...

2014-02-05 08:22:39

U.K. Natural Gas Prices Also Dipped, Reversing Two-Month Uptrend LONDON, Feb. 5, 2014 /PRNewswire/ -- Day-ahead electricity prices in Continental Europe dropped sharply in January as mild temperatures suppressed demand and wet, windy weather facilitated high renewable energy generation, according to data just released by Platts, a leading global energy, petrochemicals and metals information provider. The Platts Continental Power Index* (CONTI) fell 15.8% in January 2014 to EUR40.29...

2014-01-27 08:21:14

Apparent Demand Contracted for Second Consecutive Month on Muted Refining Activity SINGAPORE, Jan. 27, 2014 /PRNewswire/ -- China's apparent* oil demand in December 2013 fell 1.9% to an average 10.11 million barrels per day (b/d) or 42.76 million metric tons (mt) versus prior year data, according to a Platts analysis of China's latest government data. December was the second consecutive month that China's apparent oil demand contracted and marked the third monthly decline this year,...

2014-01-20 08:20:45

While down 0.8% on the month, prices were up 8.2% versus February 2013 SINGAPORE, Jan. 20, 2014 /PRNewswire/ -- Prices of liquefied natural gas (LNG) for February 2014 delivery to Asia slipped 0.8% from January to average $18.808 per million British thermal units (/MMBtu), as lackluster buying interest from North Asia was largely offset by demand in Europe, the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery showed. The monthly average Platts JKM for delivery in...

2014-01-17 08:20:45

LONDON, Jan. 17, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market increased in December to $1,406 per metric ton (/mt), up 4% from November, 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 references. The petrochemical...

2014-01-16 12:28:53

NEW YORK, Jan. 16, 2014 /PRNewswire/ -- Platts, a leading global energy, petrochemicals and metals information provider, has expanded its portfolio of maps with the release of its first-edition North American Crude Oil System Map. This detailed, printed wall map presents in striking color the primary components and latest projects of North America's expansive crude oil system. In addition to its base geographical features, this map offers an at-a-glance view of the growing oil production...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.