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Taiwan sees increase in LNG consumption
March 27, 2015
Taiwan is starting to prepare for its peak summer season and LNG demand fundamentals are about to change.
As winter demand wanes, US gas markets wait for next driver
March 26, 2015
The US natural gas markets are transitioning to spring, and now the industry is wondering where the big demand drivers will be as the weather warms. Will power burn come in and "save the market"?
Oil companies vie for prime acreage in US Gulf of Mexico
March 25, 2015
While winning bids at the 2015 US Central Lease Sale 235 were down from 2014, prices per acre for the ability to potentially produce oil offshore were among the highest of the last 20 years.
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LNG Watch

Iron ore hits all-time low as steel markets fail to firm following Lunar new year

March 26, 2015 (5:15)

Iron ore dropped below $60/mt amid oversupply concerns. US and Asian flats and longs prices continued to fall February, into March, while European coil and rebar prices were broadly stable.


Feature: Light Houston Sweet Analysis

March 25, 2015
The differential for LHS strengthened week-on-week, as demand for light sweet crudes in the region increased, and the cash differentials for LLS and WTI in Midland, Texas, also increased.
Also in this feature
Wider NYMEX crude/ICE Brent spread, higher LLS differential lift LHS
March 13, 2015 - The differential for LHS endured a volatile week after ultimately finishing higher week on week due to the widening NYMEX crude/ICE Brent spread and a stronger LLS differential.
Increased demand lifts LHS differential
March 06, 2015 - The LHS differential moved 15 cents/b higher week-on-week, supported by healthy demand for light sweet crude at Magellan's East Houston crude terminal.

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News Headlines

US estimated ethanol margin hits highest in nearly three months
Houston (Platts)--27 Mar 2015 516 pm EDT/2116 GMT
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday moved up 0.8 cent, or 1.9%, to a two-month high of 43.05 cents/gal, a review of US Department of Agriculture and Platts data showed.
US Gulf Coast premium gasoline falls 17.69 cents/gal
Houston (Platts)--27 Mar 2015 515 pm EDT/2115 GMT
US Gulf Coast premium gasoline fell 17.69 cents Friday on refiner selling, a lack of incentive to blend gasoline and pressure from dips in both lower-octane gasoline and the NYMEX RBOB contract.
More Headlines

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.



The Barrel Blog

March 27, 2015
Coal producers focused on the Chinese market are scratching their heads: ever since China started imposing restrictions on imports, suppliers have gone on a wild hunt for buyers.
March 26, 2015
On March 28, Africa’s biggest economy and the continent’s largest oil producer will go to the polls to elect its new president. Eklavya Gupta explains what it could mean for the oil industry.
March 25, 2015
The coal industry has failed to recognize the structural shift in power generation driven by regulation rather than price.
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  • Africa
  • Key Africa prices, analysis and news


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Americas Refined Oil ProductsPublished January 2015

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






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