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Oil Features

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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Light Houston Sweet differential weakens with LLS

February 25, 2015 - The cash differential for Light Houston Sweet moved lower this week, after it climbed to its highest level yet in 2015 last week.

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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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North Africa's unconventional oil, gas future under threat

February 05, 2015 - When OPEC chief Abdalla el-Badri said last month that the world should produce its low-cost oil before moving to develop higher-cost resources, he pointed to Libya as an example of a country with vast unconventional oil and gas potential.

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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

Gas: the fastest-growing fossil fuel

March 03, 2015 - Natural gas is the fastest growing fossil fuel, with demand rising at the rate of 1.9%/year over the next two decades to reach 490 Bcf/d while oil falls to just 0.8%/yr.

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US shale economics challenged as crude, natural gas prices collapse

January 13, 2015 - The plunge in crude oil prices over the past six months has led to a predictable deterioration in well economics across key US oil and gas basins, with virtually all major plays now earning average internal rates of return of less than 20% - a scenario that contrasts sharply with July 2014, when many were generating IRRs well in excess of 50%.

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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

Seaborne iron ore prices hold steady over holiday

February 24, 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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Platts iron ore information

March 03, 2015 - This is the Platts iron ore information page with real time market data. It provides up-to-date bids, offers, trades, and spreads for IODEX and additional Platts iron ore assessments.

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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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