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Middle East Commodity News, Analysis, and Prices

For up-to-the-minute Middle East news and prices
For up-to-the-minute Middle East news and prices
Platts Middle East coverage is expanding to provide you with the essential information you need to navigate rapidly evolving commodity markets across a diverse continent. Here you will find a focal point for our existing benchmark services that cover the region - from explaining the key Platts pricing methodologies to showcasing news, analysis and prices across markets such as oil, petrochemicals, agriculture, and metals.

News Features

January 15, 2018
Doubts over the future of the global oil and natural gas industry could be stoked further this year if appetites for lending and investment in the fossil fuel sector continue to wane. Climate change, the rise of renewable energies and the prospect of peak oil demand are already knocking dents into the long-term investment outlook for the oil sector.
All News Features

The Barrel blog

February 16, 2018
OPEC is drafting an agreement to tie Russia into a so-called “super group” of oil producers.
February 01, 2018
The commoditization of the global LNG market has had implications across several associated industries, ranging from the gas-fired power sector to seaborne gas transportation.
January 29, 2018
Saudi's dream of securing a $100bn windfall from the IPO of Aramco may be clouding its judgement. It needs higher oil prices to entice international investors to buy a stake in the state-owned company, which supplies almost all its crude.
All Blog Posts

Latest Middle East News

Tripoli (Platts)--22 Feb 2018 305 am EST/805 GMT
Production at Libya's 90,000 b/d Elephant oil field had not been impacted after a minor evacuation of non-essential staff at the key southwestern field, a source close to the state-owned National Oil Corporation said Thursday.
Singapore (Platts)--23 Feb 2018 936 am EST/1436 GMT
Iran's LPG shipments eased to between 358,500 mt and 402,500 mt in February after recording a post-sanctions high of 520,000 mt in January, sustaining robust exports after normal production resumed in mid-November following maintenance at the South Pars gas field, fixtures from shipping sources showed this week.
Read Latest News Headlines

Commodity Pulse video

Can OPEC and US shale walk oil market tightrope?
February 08, 2018
OPEC and its non-OPEC allies are steadfastly sticking to a historic production cut deal and US shale producers are caught between the lessons of the past and the opportunities of the present. What are the ramifications?
Europe 2018 petrochemical outlook: competitiveness, trade flows and new challenges
January 31, 2018
From new US capacities to Chinese regulations, the opportunities and challenges on the horizon for Europe's petrochemicals markets are discussed by S&P Global Platts petrochemicals team.
All Videos

Podcasts

February 23, 2018-S&P Global Platts oil news team discusses the oil and gas industry's search to redefine itself amid weak prices, rising US shale output, and growing environmental challenges.
February 08, 2018-This week, we discuss the strength in the European jet fuel market. Strong Asian winter demand, twinned with refinery maintenance, has seen cargoes stay in the region rather than head to Europe as usual.
February 08, 2018-With 23 months to go, it is still uncertain whether refineries will be able to meet demand for low sulfur bunker fuel. We give our insight on what shippers can expect come 2020, when the IMO's global sulfur cap comes into effect.
December 18, 2017-Global policies to cut shipping emissions could create massive new demand for LNG as a bunker fuel, with Europe in particular planning to invest nearly $2.4 bil in LNG refueling infrastructure at both sea and inland ports to 2030.
All Podcasts

Platts Middle East Price Assessments

LNG MEM half-month assessments

LNG Australia/Ain Sukhna Egypt Freight cost
DES MEM 2 Half-Month
DES MEM 3 Half-Month
DES MEM 4 Half-Month


Shipping assessments

LNG Middle East/Ain Sukhna Egypt Freight cost
LNG Australia/Ain Sukhna Egypt Freight cost





Middle East Methodologies


Market Data Direct

Oilgram News


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