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Not so careless whispers: global steel prices whammed by summer downturn
July 28, 2015
With Chinese hot rolled coil (HRC) prices at the lowest they’ve been since we started assessing them in 2006, and US scrap prices down $20 month on month, our editors ponder just how low steel prices can go.
Looking forward to the next year of US crude oil news
July 27, 2015
On the 50th episode of Capitol Crude, Brian Scheid and Herman Wang look back at their year in podcasting and revisit some of the hottest oil topics to see what's changed and what's new.
Polymer buyers in Latin America ask how low prices can go
July 24, 2015
Prices for polymers in Latin America have drifted lower recently, and it's a stressful time to be a seller in the markets at the moment.
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News Headlines

Platts exclusive -- Libyan crude oil production slips to 366,000 b/d: NOC chief
London (Platts)--28 Jul 2015 800 am EDT/1200 GMT
Libyan oil production has slipped to 366,000 b/d, the head of state-owned NOC said Tuesday, as output continues to be hit by technical difficulties and security issues.
Northeast China ethanol prices stable in July despite severe drought
Singapore (Platts)--28 Jul 2015 742 am EDT/1142 GMT
Chinese domestic ethanol prices in the northeastern regions have remained unchanged in July due to lofty inventories and despite a severe drought, market sources said this week.
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Commodity Pulse

What will H2 bring to China's struggling steel market?

July 26, 2015 (5:13)

Uncertainties hound the Chinese steel market in the second half of 2015 as issues like oversupply and weak steel end-user consumption linger.

Feature: US propane under pressure

July 14, 2015
Growing US Northeast propane production, combined with slowed summer demand and increased regional stocks, have sellers in the region facing stiff competition from other producers looking for outlets for their spot barrels.
Also in this feature
Rising imports from Canada add to producers' concerns
Putting further pressure on the excess Northeast spot barrels has been rising imports from Canada.

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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

July 28, 2015
Russian giant Rosneft's recent deals in Asia suggest it is potentially shifting the balance of its crude oil sales in the region, Daniel Colover observes.
July 27, 2015
Negotiating a union labor contract is often a slog. It gets more complicated if it’s a multi-year deal, and a bit treacherous if it’s a highly cyclical business.
July 27, 2015
If at first you don’t produce, frac, frac again.
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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.

© 2015 Platts, McGraw Hill Financial. All rights reserved.