News & Analysis  - Oil

The Barrel Blog

March 06, 2015
How do you explain the massive amount of LPG being taken to Panama and unloaded there? David Henry analyzes where US LPG exports are really going.
March 05, 2015
Temperatures outside are bone-chilling, but the trading screen was red hot. That’s because ultra low sulfur diesel (ULSD) futures rocketed higher in response to the Arctic blast.
March 05, 2015
Analysts surveyed by Platts on Monday expected crude oil stocks to increase 3.7 million barrels week over week, but the latest data from the US EIA shows a much greater build.
All Blogs

News Headlines

Tight European March propane supply seen rolling over into April: sources
London (Platts)--6 Mar 2015 912 am EST/1412 GMT
The tight supply of spot propane in Northwest Europe that has supported physical premiums in March is likely to roll over into April, according to market sources, as expectations for the number of US Gulf Coast exports continue to dwindle and regional terminal demand grows amid lower North Sea production.
China LPG: Prices mixed this week amid uncertain outlook
Singapore (Platts)--6 Mar 2015 634 am EST/1134 GMT
LPG prices in China were mixed this week amid uncertainties in market outlook, with imported LPG price seen higher in South China and slightly lower in East China, according to trade sources Thursday, March 5.
More Headlines

Feature: Light Houston Sweet Analysis

March 04, 2015
A wider NYMEX crude/ICE Brent spread and healthy demand in the US Gulf Coast for light sweet crudes supported the Light Houston Sweet cash differential, as it rose week-on-week by $1/b.
Also in this feature
Light Houston Sweet differential weakens with LLS
February 20, 2015 - The cash differential for Light Houston Sweet moved lower this week, after it climbed to its highest level yet in 2015 last week.

All News Features

Commodity Pulse

The challenging economics of oil production in a low price environment

February 02, 2015 (17:46)

Dave Ernsberger and Ross McCracken analyse oil companies' capex and operational costs and discuss when cut-backs might affect global supply.

Oil Infographics

It could be argued that the history of oil is the history of the modern world. And Platts, a leading provider of analysis, news and prices for the industry, has played a significant role in this amazing story.

Of all the natural resources that have been used to build our world, surely oil is the most pervasive. We all know that oil provides the plastics in the computer we use, has driven revolutions in fashion, industry and transport, and even powers our homes. No one's life is untouched by this immense resource.

Price Focus

US investment bank Goldman Sachs cut sharply Monday its forecasts for average oil prices in 2015 but said sliding US shale production could see the global oil market rebalance by the end of the year. Goldman said it expects Brent crude to average $50.40/b a barrel from $83.80/b, as global oil price continue to their rapid descent into near six-year lows. WTI is expected to average $47.15 a barrel, down from a previous forecast of $73.75/b, the bank said.


US EPA drops a new wave album's worth of apologies about renewable fuels
March 02, 2015 - The US EPA’s Chris Grundler may not be a member of Depeche Mode, but his appearance at the recent National Ethanol Conference unfolded like the British band’s discography.
What will save US condensates from being a benchwarmer in the global export game?
February 23, 2015 - Brain Scheid discusses the disappointing launch of the US condensate export market and how it's similar to the 1984 NBA Draft..
Interview: Dorothee Arns, Cefic, on the strengths, weaknesses of European petrochemicals
February 17, 2015 - Dorothee Arns, executive director of the Cefic Petrochemicals Programme talks on the strengths and weaknesses of Europe's petrochemical industry.
All Podcasts


  • Africa
  • Key Africa prices, analysis and news
  • Latin America
  • Essential cross-commodity news, prices and analysis


  • Methodologies
  • Products
Asia Pacific and Middle East Refined Oil Products methodologyPublished November 2014

The Asia Pacific and Middle East Refined Oil Products Guide contains the primary specifications and methodologies for Platts Asia Products assessments.

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