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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%...

2014-04-02 08:22:48

Monthly Index Totaled 72.14, down 1.91 Points from March Reading of 74.05 BEIJING, April 2, 2014 /PRNewswire/ -- The health of China's steel sector is expected to remain strong in April, despite a minimal decline in sentiment, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 72.14 out of a possible 100, down 1.91 points from the March level of 74.05. The Platts CSSI reflects the responses of steel makers, traders and exporters at...

2014-04-01 20:20:38

March 2014 Posts Top 3 Highest Producing Days in U.S. History DENVER, April 1, 2014 /PRNewswire/ -- Spurred on by the top three highest producing days in U.S. history, domestic natural gas production in the lower 48 states averaged 66.6 billion cubic feet per day (Bcf/day) in March 2014, according to the latest estimates from Bentek Energy, the oil and natural gas analytic unit of Platts. Production levels on March 29, 30 and 31 all came in at 67.6 Bcf/d, the single highest...

2014-04-01 12:25:32

HOUSTON, April 1, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market fell 1% in March versus February to $1,371 per metric ton (/mt), according to the monthly Platts Global Petrochemical Index (PGPI) announced on the sidelines of the international petrochemical conference of the American Fuel & Petrochemical Manufacturers (AFPM) in San Antonio, Texas. The PGPI is a benchmark basket of seven widely used petrochemicals and is published by Platts, a...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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