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Middle East Commodity News, Analysis, and Prices

For up-to-the-minute Middle East news and prices
For up-to-the-minute Middle East news and prices
Platts Middle East coverage is expanding to provide you with the essential information you need to navigate rapidly evolving commodity markets across a diverse continent. Here you will find a focal point for our existing benchmark services that cover the region - from explaining the key Platts pricing methodologies to showcasing news, analysis and prices across markets such as oil, petrochemicals, agriculture, and metals.

Commodity Pulse video

2017 may give VLCC tankers a wild ride on oil market volatility
April 18, 2017
As the crude oil industry deals with wild cards like the OPEC deal and the narrowing spread between oil benchmarks, we explore the dynamics in VLCC freight and ton-mile demand, giving an outlook for the rest of 2017.
Asian refiners diversify crude oil supplies to reduce impact of OPEC-related output cuts
April 11, 2017
We examine the spread between medium-heavy sour Dubai crude and light sweet Brent crude, and the surge in Atlantic basin crudes heading to Asia.
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Latest Middle East News

London (Platts)--25 Apr 2017 1025 am EDT/1425 GMT
A pick-up in buying demand for physical gold in India, the world's number two consumer of the yellow metal, was leading to tightness in the local Dubai market, sources said Tuesday.
London (Platts)--24 Apr 2017 933 am EDT/1333 GMT
Iran plans to export 25 million mt of petrochemicals by the end of the current Iranian calendar year which will end on March 21, the oil ministry run Shana news agency reported Sunday.
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April 18, 2017-In 2020 the shipping industry is facing its biggest challenge in a century as the IMO is set to impose a new 0.5% sulfur cap on marine fuel emissions. We assess the readiness of shipowners to meet these stricter regulations.
April 13, 2017-Our editors shed light on the diversification of Iranian crude oil export destinations, as the country faces elections on May 19 and bids to lure in global expertise through a new contract model.
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The Barrel blog

April 21, 2017
In part two of a series on why oil prices have failed to rally despite OPEC's best efforts at managing supply cuts, we ask: Why is the market so bullish?
March 13, 2017
Based on the latest S&P Global Platts OPEC survey, the producer group’s compliance with its pledged oil output cuts is 98.5%. It is also 111.5%. At the same time, it is 71.9%.
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News Features

December 07, 2016
OPEC crude oil production for November rose for the sixth straight month, to a record 33.86 million b/d, an S&P Global Platts survey showed December 7, largely on the return of Angola's Dalia field from maintenance and recovery in war-torn Libya.
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Platts Middle East Price Assessments

LNG MEM half-month assessments

DES MEM 1 Half-Month
DES MEM 2 Half-Month
DES MEM 3 Half-Month
DES MEM 4 Half-Month

Shipping assessments

LNG Middle East/Ain Sukhna Egypt Freight cost
LNG Australia/Ain Sukhna Egypt Freight cost

Middle East Methodologies

Market Data Direct

Oilgram News

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