Oil markets news & analysis

The Barrel Blog

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.
January 08, 2018
OPEC vs. US shale? Russia a fair-weather ally? We examine the common wisdom
January 04, 2018
The US crude blend LOOP Sour was heavier and more sour in December, with about 52% of imported barrels consisting of heavy sour grades.
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News Headlines

Budapest (Platts)--20 Feb 2018 431 am EST/931 GMT
Hungarian oil and gas company MOL plans to slightly raise investment spending in 2018, mostly focusing on just a handful of areas in Central Europe and the North Sea, as well as boost output, putting its hopes on new UK barrels amid falling Central and Eastern European production, according to MOL's fourth quarter earnings report and investor presentation released Tuesday.
Singapore (Platts)--19 Feb 2018 1149 pm EST/449 GMT
Kuwait Petroleum has received acceptances from at least two buyers for the renewal of light and full range naphtha contracts for loading over April 2018-March 2019, market sources said Tuesday.
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2018 Oil and Gas Outlook: Asia

January 24, 2018
China's LPG demand is expected to continue its positive growth momentum in 2018 but the growth rate is expected to slow because of policy uncertainties
China's LPG demand to grow, albeit at a slower pace
Also in this feature
Asia naphtha set for slightly stronger year; cleaner gasoline specs eyed
Asia naphtha set for slightly stronger year; cleaner gasoline specs eyed
Asia's gasoline market will be supported by continued buying in the Middle East and growing demand in South Asia but projections of heavy Chinese exports may put a ceiling on the uptrend, sources said.


What chance Permian becoming the poster child for US shale?
February 12, 2018
- US oil output is already shattering records and, fueled by dramatic growth in the Permian, is expected to exceed 11 million b/d by late this year.
Asian kerosene strength brings fresh highs to European jet fuel prices
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.
IMO 2020 countdown: Will refineries meet low sulfur bunker fuel demand?
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.
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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.

Asia Pacific and Middle East Refined Oil Products methodology

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