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Mediterranean HSFO backwardation at 7-week high on bunker fuel demand, lower supply
London (Platts)--22 Jul 2014 819 am EDT/1219 GMT
The 3.5% FOB Med fuel oil cargo market was trading at a $3.00/mt premium to the front-month August swap Monday, the highest in seven weeks.
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Blogs

Guest blog: El Niño: ¿Dónde está el dinero?
Jodie M. Gunzberg, the global head of commodity indices at S&P Dow Jones Indices, looks at the possibility of an El Nino weather system developing and what it means for commodities.
Canada's aggressive on crude oil by rail regs; the US, not so much
Both the US and Canada have experienced fiery crashes of crude oil moving by rail; in Canada, it has also been tragic. The pace of regulations to deal with crude-by-rail in the wake of it are moving at very different paces in the two countries.
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News Features

OPEC heads for fresh rollover on output
May 21, 2014
All signals point to OPEC's meeting next month resulting in a further six-month rollover of the cartel's output ceiling that has been in place for more than two years.
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Podcasts

Platts: Podcasts
WAF freight rates weaken on oversupply, lack of Asian buying interest
May 20, 2014 - Platts' EMEA crude oil team discusses the reasons behind West African VLCC freight rates languishing at their lowest levels for eight months.
Platts: Podcasts
European ULSD liquidity surges and looks set to remain strong
May 08, 2014 - Assessing why liquidity in the European diesel market has surged in recent weeks amid strong buying from trading companies.
Platts: Podcasts
Japan, S Korea to maintain Iranian crude oil import volumes in 2014
May 08, 2014 - Japanese and South Korean buyers of Iranian crudes have maintained their annual term contracts for 2014 at volumes unchanged from last year.
Platts: Podcasts
US sanctions against Rosneft chief: limited impact so far, but could fall-out still hit markets?
April 29, 2014 - Discussing the move by the US to add Rosneft's CEO to its list of sanctions designed to put pressure on Moscow over the Ukraine crisis.
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Industry Solution Papers Library

Dated Brent: The Pricing Benchmark for Asia-Pacific Sweet Crude Oil
The Dated Brent benchmark has taken on an increasingly significant role in the determination of oil prices in the entire Asia-Pacific region. This paper examines and explains the reasons for this ongoing and accelerating trend. (published May 2011).
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