News Headlines

Kentucky legislators want DOE to formulate plan for Paducah

Washington, February 10, 2012, 422 pm EST/2122 GMT

Three US lawmakers want Energy Secretary Steven Chu to formulate a plan by February 28 for the Department of Energy to produce uranium for commercial nuclear fuel from a stockpile of uranium "tails" stored at the Paducah uranium enrichment facility in Kentucky.

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News Features

OPEC Guide: Group cuts call on crude to 30.04 million b/d

February 10, 2012

OPEC's 12 member countries produced an average 30.898 million b/d in January, nearly 900,000 b/d more than their new output ceiling which came into effect at the beginning of the year and some 1.35 million b/d above expected demand for OPEC crude in the first quarter, the oil cartel's Vienna secretariat said February 9.

Iranian Oil Sanctions: Iran moves to speed ban on oil exports to EU

February 8, 2012

Members of the Iranian parliament are moving to accelerate a bill that would halt oil exports to the European Union ahead of an EU ban on oil imports from Iran that comes into force on July 1, and which would also ban imports of goods from the EU, Iranian news agencies reported February 7.

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Blogs

The Barrel: February shaping up for Midwest refiners

February is shaping up nicely for US Midwest refiners, who are enjoying robust margins courtesy of another Brent/WTI spread blowout.

The Barrel: EIA analysis: the decline in demand continues

While traders tend to focus on the week-to-week movements in inventories, and how the actual numbers did compared to projections, what's been more interesting in a variety of reports is how US demand for oil continues to slide, even as unemployment rates are also dropping.

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Podcasts

Is South Sudan's suspension of oil exports hurting Asia's biggest consumers?
February 10, 2012 - Discussing the ramifications of South Sudan's recent suspension of oil exports for two of Asia's biggest consumers, China and Japan.

The impact of extreme weather conditions on the European tanker markets
February 9, 2012 - Discussing the impact of extreme weather conditions on the European clean and dirty tanker markets

What are the likely key drivers for Asian styrene monomer in 2012?
February 9, 2012 - Discussing what could be the key drivers for SM in the Asian petrochemical markets for 2012.

Is deep-water oil exploration the next big thing for China?
February 7, 2012 - Discussing how deepwater oil exploration in China might be a hot topic in 2012.

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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.

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.