News Headlines

NYMEX crude settles lower; heating oil, gasoil rally on colder weather

New York, February 6, 2012, 452 pm EST/2152 GMT

NYMEX March crude futures settled 93 cents lower at $96.91/barrel Monday, but heating oil and gasoil futures made gains as cold weather moves across Europe.

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Podcasts

EPA’s Cross-State Air Pollution Rule receives some push-back
February 6, 2012 - Discussing new federal regulations to control ozone pollution from being transported across state lines.

Russia's gas supplies to Europe impacted by extreme weather conditions
February 6, 2012 - Focusing on the upheaval facing the European gas market, in light of an ongoing cold spell of weather.

European naphtha marks unusually strong entry into 2012
February 3, 2012 - Discussing the European naphtha market, focusing on its rising strength on supply shortages going into 2012.

European PVC continues to struggle amidst protracted economic recovery
February 3, 2012 - Discussing factors affecting the European PVC market, from sluggish demand to increasing feedstock costs.

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News Features

Iranian Oil Sanctions: Iran's Ghasemi says EU sanctions will lead to 'terrible chaos'

February 6, 2012

Iranian Oil Minister Rostam Ghasemi on Feb 4 reiterated a threat to halt oil exports to "hostile" nations in the EU once winter is over and warned that the loss of Iranian crude oil would cause "terrible chaos" in the market and lead to an uncontrollable rise in oil prices.

Asia LNG Demand: Asia LNG 2011 winter price curve broken on warmer weather

February 1, 2012

Asia's 2011 spot LNG price curve for the peak winter demand season was broken by a combination of warmer weather, early stockpiling of cargoes and cooler than expected summer, according to an in-depth analysis of Platts data.

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Blogs

The Barrel: State power regulators vs. FERC: there's some pain out there

When US state utility regulators meet in Washington next week for their annual winter conference, one of the themes they will cover--to a larger or smaller extent--will be states versus the Federal Energy Regulatory Commission.

The Barrel: Saudi Arabia's petrochemical paradox

For anyone observing from the outside, Saudi Arabia's petrochemical manufacturers would seem little more than a vast, cash generating machine.

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Commodity Pulse Videos

Renewables revolution: Europe leads the way

January 18, 2012 (13:36 mins)

Renewable energy's share of the generation mix, already substantial in several European countries, is rising fast. Platts discuss the rate of progress for wind, solar and other renewable sources towards the holy grail of 'grid parity'.

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Industry Solution Papers Library

Dated Brent: The Pricing Benchmark for Asia-Pacific Sweet Crude Oil

The Dated Brent benchmark has taken on an increasingly significant role in the determination of oil prices in the entire Asia-Pacific region. This paper examines and explains the reasons for this ongoing and accelerating trend. (published May 2011)

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Market Issues

Platts Market Issues are a series of occasional discussion papers examining price-discovery issues.

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A daily email compiling a regional round-up of the top, most recent Platts news, in-depth features, information on Platts events, products and a summary of what's new on platts.com.