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Oil Features

Eight-figure bids seen in US Gulf of Mexico sale despite low oil prices

March 20, 2015 - Oil companies continued to chase select acreage for pricey sums in Central Gulf of Mexico on March 18 despite low oil prices, even though the total amounts captured in the lease sale were far less than in recent years.

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LHS differential slips on lower WTI Midland differential

April 16, 2015 - A lower differential for West Texas Intermediate in Midland, Texas, weighed on the market for light sweet crude in Houston, as the differential for Light Houston Sweet declined week on week.

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East Africa to focus on oil infrastructure; eyes commodity exchange

March 12, 2015 - East Africa's nascent oil sector could be about to take some significant strides forward as the leaders of a number of countries in the region -- including oil-rich Uganda and Kenya -- make developing regional oil infrastructure a strategic priority.

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OPEC still divided even as Saudis see markets settling

February 27, 2015 - Recent comments from OPEC's Nigerian president and the oil minister of top producer Saudi Arabia show just how divided the group remains after its November decision not to reduce crude output.

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European oil majors cut capex, eye output growth

February 24, 2015 - European oil majors have slashed their spending for 2015 in response to the plunging oil price, with the average cut in capital expenditure by six of the region's biggest firms estimated at around 10%.

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Many Latin American countries struggle to weather crude price declines

January 08, 2015 - The new year finds some Latin American oil producing nations strapped for cash at a time when a cache of important new finds require significant capital outlays for development. At the same time, a silver lining is emerging.

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NaturalGas Features

Indonesian delays perplex gas project investors

March 25, 2015 - The Indonesian government's inability to decide what will happen to fields when operators' production-sharing contracts expire means that billions of dollars of investment are on hold and the country's gas output is stagnating.

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Petrochemicals Features

Asian Petrochemicals Outlook 2015

February 18, 2015 - Platts editors evaluate the major markets in the Asian petrochemical industry and analyze the key drivers of each product going into the rest of 2015, including supply/demand fundamentals, competition with other markets and trade flows.

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European Petrochemicals Outlook 2015

January 16, 2015 - Platts editors provide in-depth analysis of market expectations for the European petrochemical industry in 2015, including a detailed assessment of events that shaped the markets last year.

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Metals Features

Moly prices hold but quiet market worries participants; Atlantic met coal market sees high-vol interest

April 14, 2015 - Read highlights of the latest Platts steel raw materials news and pricing analysis, focusing on the global iron ore, coking coal, scrap and ferroalloys markets.

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Asia seaborne met coal trade up 7.7% in 2014

February 12, 2015 - The Asia-Pacific metallurgical coal spot market expanded 7.7% in traded volume from 2013 to 66.1 million mt in 2014, as measured by data collected as part of Platts' price assessment process.

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Will Chinese steel exports disrupt Korean and Japanese alliances?

January 06, 2015 - In the theatre of global steel in 2015, we already know the stars - China, Japan and South Korea. Since 2008, these three north Asian steel giants have accounted for over half of global steel consumption and supplied over half the world's steel.

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