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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

January 19, 2017
We discuss the impact of OPEC-led oil cuts, the prospects for US shale producers, the scale of a potential uptick in spending, and moves to grow exposure to natural gas.
December 22, 2016
Against the dramatic political and economic surprises of 2016, S&P Global Platts President Martin Fraenkel lays out his five themes to focus on in commodity markets in 2017.
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The Barrel blog

January 18, 2017
Any change in the US' corporate tax system that has an enormous shift in the tax treatment of imports and exports is going to have the potential to impact oil flows, and by extension, oil markets.
January 19, 2017
Over the past two years, the Middle East has grown into a recognized demand center because of increasing imports from both traditional buyers and new market entrants.
December 19, 2016
Eighteen years ago, the IEA said conventional oil output would peak before 2020. In 2016, it again shines a light on the need for more unconventional oil.
All Blog Posts

Latest Middle East News

Dubai (Platts)--15 Dec 2016 828 am EST/1328 GMT
Iran's huge steel growth plan is not yet disrupting the seaborne iron ore pellet markets and isn't expected to do so in the near term, steel and iron ore market sources said this week.
Dubai (Platts)--15 Dec 2016 700 am EST/1200 GMT
Kuwait is committed to cutting output by 131,000 b/d in January in line with its commitments under OPEC's output reduction deal, oil minister Essam al-Marzouq said Thursday.
Read Latest News Headlines


December 22, 2016-The presidents of EnSys Energy and Navigistics Consulting talk to Platts about their study regarding the potential impacts of the IMO's 2020 global sulfur cap.
December 14, 2016-S&P Global Platts editors discuss the nascent flows of Iranian gasoil into the ARA refining hub, where desulfurization opportunities have attracted the first shipments after a 10-year hiatus.
December 12, 2016-Energy independence is a goal for many when it comes to US energy security, and the future of both is influenced by both politics and complicated global energy markets.
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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.
All News Features

Platts Middle East Price Assessments

Crude assessments

Oman M1
Upper Zakum
Oman/Dubai Swap M1
Daily OPEC Basket Price

Shipping assessments

Persian Gulf to Japan 55kt (worldscale - clean)
Persian Gulf to Japan 265kt (worldscale - dirty)

Middle East Methodologies

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