News & Analysis  - Oil

Feature: Mexico Energy

May 25, 2016
The winners of six of the 25 blocks that were allotted in December's third phase of Mexico's Round One series of upstream auctions failed May 10 to provide the necessary financial guarantees.
Also in this feature
Competition to determine fate of US refined product pipelines to Mexico: Magellan
The fate of US pipeline projects aimed at meeting demand for refined crude products in Mexico hinges on competition from other, similar pipeline proposals and competition from potentially lower-cost crude-by-rail services, the CEO of Magellan Midstream said.

News Headlines

Houston (Platts)--27 May 2016 627 pm EDT/2227 GMT
Colonial Pipeline will hold an auction for 25,000 barrels of surplus CBOB at 9 RVP (A2) on Tuesday, the company said Friday.
London (Platts)--27 May 2016 905 am EDT/1305 GMT
Nigeria's crude oil and condensate production has fallen almost 50% from the start of the year to around 1.1 million b/d, an official from state oil firm Nigerian National Petroleum Corp.
More Headlines


May 25, 2016
Assessing the changing profile of Russian refineries and exports, as lower crude oil prices, tax reforms, refinery upgrades and financing difficulties create a mixed outlook.
May 23, 2016
Iraq's semi-autonomous Kurdistan region has been hard hit by the oil price plunge, but it is attempting to pull its oil industry out of the shadows and toward legitimacy.
May 16, 2016
The appointment of former Saudi Aramco CEO Khalid al-Falih to the post of energy minister heralds a new era.
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Snapshot Video

Americas Aframax rates near year-low after brief upheaval in shipping market

May 19, 2016 (2:57)

The Aframax market in the Americas was on a veritable roller coaster ride at the end of April, and various factors may prompt another price reversal in the near future.

Price Focus

US Gulf Coast sweet crude differentials can be mixed as opposing factors pull US crude oil economics in different directions, Platts data shows. While there may be the possibility of a crude oil output freeze by major OPEC and non-OPEC producers, US commercial crude oil stocks are high.

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.

The Barrel Blog

May 27, 2016
Nadia Rodova looks at Russia's oil sector which has shown a surprising resilience to low oil prices and western sanctions over the past two years.
May 24, 2016
The IEA, set up in response to the 1973 oil shock, is rethinking longstanding, and much-cited, forecasts for the expected demand for OPEC's crude.
May 23, 2016
It's been about three weeks since a wildfire broke out in the heart of Alberta's oil sands production area in the Athabasca region in Fort McMurray, and it is still raging.
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Asia Pacific and Middle East Refined Oil Products methodology

Published March 2016

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

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