News & Analysis  - Oil


Commodity Pulse Videos

October 19, 2014 (3:46)
The recent dip in oil prices comes as the US is producing more crude oil than it has in nearly 30 years, and relies less on supplies from overseas. But could a bearish market change these dynamics? Platts James Bambino explains.
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News Headlines

New land rig orders, construction continues despite oil price drop
Houston (Platts)--24 Oct 2014 540 pm EDT/2140 GMT
New orders for land rig building continue even amid the recent drop in oil prices, and analysts and drillers insist that industry's appetite for new state-of-the-art drilling units has not been slaked.
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Podcasts

Platts: Podcasts
Petrochemical prices in some US markets crumble as crude oil falls
October 24, 2014 - Platts Americas petrochemical editors discuss how falling crude oil dragged some aromatics prices to their lowest points in years, while olefins markets are dealing with other price influences.
Platts: Podcasts
How losing in the short term could be a slam dunk for oil production
October 20, 2014 - Maybe it's OK for Saudi Arabia to be compared to the fumbling Philadelphia 76ers, as Herman Wang and Brian Scheid explain.
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Blogs

The Oil Big Five: Your comments about oil prices worldwide
In the latest version of The Oil Big Five, Platts analysts and editors highlight some of your comments, sharing their biggest issues in the global oil industry during October.
Leave it to $80 crude to shake up US petrochemicals
There's something about $80/barrel crude that gets petrochemical markets in the US all riled up. As the energy complex slowly emerges from its latest dip, let's take a look at how some of these key markets fared over the past two weeks.
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News Features

African Energy Outlook: Asia laps up more Nigerian crude oil in 2014, but eases up on Angola
September 30, 2014
China, India, Japan and S Korea have collectively bought around 42% more Nigerian crude so far this year compared with 2013, but have shown a declining appetite for barrels from Angola.
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Industry Solution Papers Library

Special report: FOB Singapore beyond Singapore - Towards FOB Straits
The limited possibility of further expansion of Singapore's on-land oil storage, coupled with growth plans in nearby Johor and the Riau Islands, means trading of products – and the benchmarks that reflect that activity – will spill beyond Singapore's traditional boundaries and into new frontiers.
Special Report - Bakken: The King in the North
Platts launched on April 22 a new Bakken crude oil assessment representing the light sweet crude traded close to the wellhead at North Dakota terminals in the Williston Basin with the capacity to move crude by rail or by pipeline.
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