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Platts Methodology Video

Platts launches new US crude assessments to reflect oil exports

February 08, 2016 (3:36)

Platts' Matt Cook and Luciano Battistini elaborate on a suite of new Platts assessments that debuted Feb. 8 to reflect the value of US crude oil and condensates that could be exported.

News Headlines

Washington (Platts)--8 Feb 2016 528 pm EST/2228 GMT
Oil production will fall by 92,000 b/d from February to March in key US onshore plays, the US Energy Information Administration said Monday.
Santiago (Platts)--8 Feb 2016 501 pm EST/2201 GMT
Chile's ENAMI will buy copper from small mines at a subsidized rate of $2.43/lb in the month of February, the mining development agency said Monday.
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The Barrel Blog

February 08, 2016
What may be great news about winter for wide swaths of America is likely bad news for the price of ferrous scrap.
February 08, 2016
International sanctions against Russia introduced in 2014 turned out not to be the bogeyman they first seemed to be. Rosemary Griffin explains.
February 05, 2016
Those attending the Platts Middle Distillates Conference spoke a diesel-focused language, this being Europe where people mostly drive diesel cars even after the VW scandal.
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Feature: Global Sugar Markets Focus

February 05, 2016
The EU will likely miss its export quota for the 2015-16 season due to lower output, according to Sopex, a UK-based sugar trading company. Sopex analysts forecast EU exports to be less than 1 million mt, which is less than the 1.35 million mt established in line with WTO rules.
Also in this feature
El Nino expected to reduce Thai sugar yields in 2015-16
This year, Thailand has been affected by El Nino, which we expect to reduce yields and recoveries in 2015-16.
Brazil sugar prices hit new high; CS output to rise in 2016
Brazil's domestic sugar prices have reached their highest levels since 2011 due to tighter supply, according to the CEPEA.

Price Focus

The physical 3.5 FOB Rotterdam barge market trended higher at the prompt February 27, with RMG material leaving Europe for arbitrage destinations, traders said. "The market is getting tighter for RMG...we expect stronger pricing for barges in March," one said. At the same time, supply was sufficient for cracked fuel oil, with a lot of straight run and M-100 being blended into the finished grade pool, albeit at relatively high costs, sources said.


How financial flailings could affect the flood of US crude oil production
February 08, 2016
- What does it mean for American oil supply and the policies around the oil industry when US crude producers are losing billions of dollars?
European 0.1% gasoil price boosted by Russian supply cut
February 08, 2016
- Platts editors assess the recent change in gasoil flows from Russia, the main driver of the shortage which has pushed NWE gasoil physical premiums to a 3-year high.
When opening the door to US crude oil exports lets other grades in
February 01, 2016
- While American crude has started to trickle out on to the world market, cargoes of crude grades the US hasn’t seen in years are beginning to appear in domestic ports.
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Americas Refined Oil Products

Published January 2015

The Americas Refined Oil Products Guide contains the primary specifications and methodologies for Platts American Products assessments.

© 2016 Platts, McGraw Hill Financial. All rights reserved.