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The Barrel Blog

August 31, 2015
Gary Gentile asks if the risks associated with ultra-deepwater oil production endeavors are properly disclosed to shareholders.
August 28, 2015
Petrochemicals play a vital role in American football, from the plastics in the equipment used to play the sport to the artificial turf to the souvenirs and cups for beverages.
August 28, 2015
At the beginning of the year molybdenum was at $9/lb. Now prices struggle to stay above $6/lb. What's next for the market?
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News Feature: Middle East Energy Focus

August 28, 2015
If finalized, the landmark nuclear deal will see the removal of sanctions that have drastically cut Iran's oil earnings and deprived the country of the investment it needs to develop its vast oil and gas reserves.
Also in this feature
Iraqi Kurdish crude oil exports win favor in Europe
Last year, much attention was paid to the start of Iraqi Kurdish crude exports to international markets.
Saudi oil exports recover to 7.36 million b/d in June
Saudi oil exports recover to 7.36 million b/d in June Saudi Arabia's crude exports recovered to 7.365 million b/d in June after falling to 6.935 million b/d in May.

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News Headlines

US Gulf Coast naphtha outright price dips on incoming cargoes
Houston (Platts)--1 Sep 2015 543 pm EDT/2143 GMT
The outright price of US Gulf Coast naphtha fell 2.68 cents/gal Tuesday with naphtha cargoes either already bound for or soon set to sail for US ports from Spain, Peru and the Caribbean and despite refiner buying in the market.
Inside FERC Transco Zone 6-NY September gas index up 20 cents to $2.13/MMBtu
Houston (Platts)--1 Sep 2015 541 pm EDT/2141 GMT
The US average spot monthly natural gas price for September fell 23 cents to $2.35/MMBtu, Inside FERC's Gas Market Report said Tuesday.
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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.



Podcasts

Global spare capacity sources: Should idled US shale oil wells count?
August 31, 2015 - Platts editors duel over the notion of idled US shale oil wells contributing to global spare capacity and how this might affect price forecasts going forward.
Money makes the mills go round: China's currency woes impact global steel complex
July 28, 2015 - Well, so much for 'silly-season' in the steel industry: Peter Brennan, Chris Davis, and Sebastian Lewis outline how no steel grade seems to have escaped the effect of the faltering economic conditions in China, with 'Black Monday' looming large over the outlook for the rest of the year.
US steel scrap prices at six-year lows as dealers look to September
August 26, 2015 - The US ferrous scrap market is preparing to enter into negotiations for September after the August buy brought price falls from $20-$30/lt compared to July.
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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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