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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.


February 09, 2017-Ahead of the Platts London Oil & Energy Forum on February 20, our editors discuss matters such as OPEC’s output cut, West Africa’s clampdown on sulfur, and the new US president.
February 02, 2017-Once a N. African OPEC powerhouse for light, sweet crude oil, Libya is now riven by civil war and disrupted oil supply. We look at how the country is trying to pull itself back into contention as a supplier of crude into the Med and beyond.
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Commodity Pulse video

OPEC, US shale and the oil market balance conundrum
February 02, 2017
Our editors discuss the speed of the readjustment on the global oil markets which is likely to ebb and flow based on the commitment to OPEC-led production cuts and the adaptability of US producers.
Tax reform plan could upend US oil trade flows
January 27, 2017
US House Republicans' tax reform plan including a border adjustment taxing imports could shift WTI crude oil prices and force refiners to pass higher costs onto drivers.
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Latest Middle East News

Dubai (Platts)--15 Feb 2017 922 am EST/1422 GMT
Masjid Soleyman Petrochemical Industries Co, or MIS, has signed a $3.6 billion agreement with China's Wuhan Petrochemicals Co for the construction of a new fertilizer complex in Iran, state-run Mehr news agency reported Wednesday.
Singapore (Platts)--6 Feb 2017 652 am EST/1152 GMT
Frontline cash Dubai crude rose to its highest against the same-month Dubai swap in over three months Monday as demand for medium, heavy sour crudes was expected to remain supported on the prospect of the OPEC output cuts could be more apparent to Asian refiners in the second quarter.
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The Barrel blog

January 23, 2017
The world is becoming an ever smaller place and the ability to conduct business with the most competitive companies globally is paramount for survival. What next for the smaller TEU fleet?
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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

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

Market Data Direct

Oilgram News

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