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Oil Methodology Video

Changes to Dubai and Oman crude price assessments

November 24, 2015 (7:05)

Following a two-month consultation period that ended October 30, Platts is moving forward with some substantial changes to its Dubai and Oman crude oil benchmarks.

News Headlines

London (Platts)--26 Nov 2015 904 am EST/1404 GMT
The global tin market is set for a 6,000 mt deficit in 2015, despite a decline of 3% in demand this year to 346,900 mt, the International Tin Research Institute said Thursday at its annual London Tin Investment Seminar.
Singapore (Platts)--26 Nov 2015 903 am EST/1403 GMT
Platts China ex-works Henan alumina spot price continued at Yuan 1,860/mt ($291/mt) for 70:30 cash and credit payment terms on Thursday, after dropping Yuan 40 the day before.
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The Barrel Blog

November 26, 2015
Never say never... With this in mind, it would probably be foolish to rule out some kind of deal between OPEC and non-OPEC producers to manage supply. Margaret McQuaile explains.
November 25, 2015
The essential role rivers play in the transportation of biofuels across Europe and the United States becomes only too apparent when water levels hit extreme highs or lows as they have done this year.
November 24, 2015
The US' CO2 emissions for 2015 are projected by the EIA to total 5.424 billion mt, a 0.3% rise over 2014, but still one of the lowest levels in the past 16 years.
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Feature: Steel Raw Material Outlook

November 24, 2015
Spot iron ore prices fell further November 23 amid continued weakening in physical steel and derivatives markets. Platts assessed the 62% Fe Iron Ore Index at $44.75/dry mt CFR North China Monday, down 55 cents on day and approaching the historical low of $44.50/dmt CFR set on July 8.
Also in this feature
Brazilian ferrous scrap prices static on stalled buying
Spot prices of domestically traded ferrous scrap in Brazil remained stable, as the stand-off between buyers and sellers continued.
Asian metallurgical coal market steady amid quiet trade
Asian metallurgical coal prices were steady as trading in the top- and second-tier segments remained flat amid a fall in cargo availability from earlier in the month.

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.


Are the BRICs still building or crumbling?
November 26, 2015
- Our steel and iron men go beyond Charles Dickens' classic, A Tale of Two Cities, and focus their literary attention instead on a tale of two continents.
Big oil hunkers down for 'lower for longer' prices
November 23, 2015
- Following Q3 earnings results, Platts editors discuss how the oil industry is adapting and some of the more surprising outcomes of the slump.
What could happen to an American oil market in Paris
November 23, 2015
- It's the Marcia, Marcia, Marcia moment: Everyone's talking about the Paris climate talks and their impact on power markets, but what about oil markets?
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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.

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