Commodity Pulse Videos

US oil refining outlook: closures, acquisitions & Delta's surprise deal

May 16, 2012 (11:50 mins)

Following months of poor refining margins along the Atlantic Basin, which has caused the closure of several plants, some refiners have been making a comeback in recent weeks. John Kingston and Jeff Mower discuss what drove refining margins so low to begin with, and what it mighit take for refiners to succeed going forward.

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News Headlines

Asian shipowners' bodies protest plans to hike Panama Canal toll charges

Singapore, May 21, 2012, 522 am EDT/922 GMT

Various shipowners' associations in Asia late last week issued a statement protesting the proposed increase in the Panama Canal toll charges, slated to come into effect from July, for various segments such as container, reefer, dry bulk, passenger, vehicle carrier, Ro-Ro, tanker, chemical tanker, LPG, general cargo and others.

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News Features

OPEC says more than enough oil to meet market needs this year

May 11, 2012

Rising crude production from OPEC members would be more than enough to meet the needs of world oil markets this year.

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Blogs

The Barrel: OPEC oil production climbs to 31.71 million barrels per day in April

Platts' monthly survey of OPEC production shows sanctions are starting to pinch Iranian output and other OPEC countries are stepping in to fill the gap.

The Barrel: Former shale 'Top Gun' eyes new opportunities like a hawk

Can a "shaman of shale" conjure up another mega-successful exploitation company on his second go-round?

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Podcasts

What does Seaway reversal mean for Midwest refiners?
May 18, 2012 - Discussing the impact on oil futures of the Seaway Pipeline reversal and what the reversal could mean for Midwest refining margins going forward.

North Sea crude exports to South Korea continue unabated
May 10, 2012 - The continuous flow of N. Sea crude to S. Korea has increased European crude prices, limited refiners’ profit margins.

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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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Top 250 Rankings

The Platts Top 250 recognizes outstanding financial performance for the previous year. Each company listed in the Platts Top 250 has distinguished itself through its remarkable performance and the outstanding efforts and dedication of its team.

Market Issues

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

Energy Bulletin

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.