Platts is a leading global provider of energy, petrochemicals, metals and agriculture information, and a premier source of benchmark price assessments for those commodity markets. Since 1909, Platts has provided information and insights that help customers make sound trading and business decisions and enable the markets to perform with greater transparency and efficiency.
From an original focus on petroleum, Platts gradually expanded its purview to include petrochemicals, metals, shipping and other energy-related commodities – natural gas, electric power, coal, LNG, nuclear, biofuels and other renewables. Recognized for decades as the world’s leading energy information company, Platts has also moved into leadership positions in steel and sugar information as a result of recent acquisitions.
Platts employs a total staff of more than 900, and maintains a network of correspondents spanning the globe. It has offices in more than 15 key cities, including major energy centers such as London, Dubai, Singapore and Houston, and global business centers such as Sao Paulo, Shanghai and New York, where its headquarters is located.
Products & Services
Platts publishes news, commentary, market data and analysis, and thousands of daily assessments that are widely used as benchmarks in the physical and futures markets. Its products and services include real-time news and price information; end-of-day market data; newsletters and reports; geospatial data and maps; conferences; and a weekly television program broadcast in the U.S. and online.
In addition, Platts serves customers through two business lines that operate under their own well-established brand names: The Steel Index (TSI), a price information specialist which compiles indexes through the collection of transaction data from industry participants, and Bentek Energy®, a specialist in natural gas fundamental market data analysis.
Traders, analysts, risk managers, purchasing agents and other professionals at more than 10,000 public and private sector organizations in more than 170 countries benefit from Platts’ services. These organizations range from exploration companies, miners and refiners to end-users such as utilities, airlines, steel companies and auto manufacturers. They also include government agencies, financial institutions and professional service firms in law, engineering, consulting and asset management.
In its day-to-day activities, Platts regularly engages with customers, market participants, industry organizations and regulators through forums, training sessions and one-on-one meetings. In addition, Platts annually hosts high-profile industry events to announce its Top 250 Global Energy Companies Rankings™ and the winners of the Platts Global Energy Awards, considered the “Oscars” of the energy industry. In 2013, Platts introduced a third industry recognition program, the Global Metals Awards.
Platts is a division of McGraw Hill Financial, a leader in credit ratings, benchmarks and analytics for the global capital and commodity markets. McGraw Hill Financial’s other well-known brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts, CRISIL, J.D. Power and McGraw Hill Construction. Since 1953, Platts has shared its parent company’s long-standing tradition of journalistic independence and integrity, and its steadfast commitment to providing the markets with the highest quality, timely and insightful information.