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Market Movers Europe

Market Movers Europe, Apr 16-20: Energy traders closely monitoring events in Syria; OPEC and non-OPEC ministers to meet

Market Movers Europe, Apr 16-20: Energy traders closely monitoring events in Syria; OPEC and non-OPEC ministers to meet

2018-04-16 09:02:32 EST

In this week's Market Movers: Traders expect a bearish week for European gas; US sanctions on Rusal are expected to continue unsettling aluminum markets; and the shipping industry will be digesting the IMO’s proposals on reducing greenhouse gas emissions.


Feature -- Syria Conflict: Energy Security Implications

April 14, 2018
The US' declaration that the overnight missile strikes against Syria would be limited and a "one-time shot" may tamp down some of the risk to oil prices spiking when markets open Monday.
Analysis: US avoids direct Russia confrontation with Syria airstrikes, lowering oil price risk
Also in this feature
Factbox: Syrian crisis shines spotlight on Russian energy in Europe
Factbox: Syrian crisis shines spotlight on Russian energy in Europe
The risk of a direct military confrontation between the US and Russia over Syria has raised energy security concerns in Europe. Oil prices touched three-and-half year highs above $72 b/d after US President Donald Trump signaled a possible military response to alleged chemical weapons attacks near Damascus.


The Barrel Blog

April 02, 2018
US E&P companies needing cash for drilling are likely to hear good news from banks currently preparing to size up borrowing profiles, as upstream activity continues to tick higher.
April 17, 2018
Imports of Iraqi Basrah Light crude into the Louisiana Offshore Oil Port so far in April have risen by more than 4.4 million barrels from the same period in March, according to data from Platts Analytics and US Customs.
All Blogs

News Headlines

Washington (Platts)--20 Apr 2018 455 pm EDT/2055 GMT
Despite President Donald Trump's threat Friday that the US will not accept "artificially very high" oil prices, Washington is not expected to take any real action against OPEC or its budding long-term pact with Russia, analysts said Friday.
Houston (Platts)--20 Apr 2018 319 pm EDT/1919 GMT
A fire erupted Thursday afternoon at a depropanizer tower at Valero's 225,000 b/d refinery in Texas City, Texas, a company spokeswoman said Friday.
More Headlines


Podcasts

Looking for the upside: CPC Blend crude oil at six-year lows
April 19, 2018
- S&P Global Platts editors discuss how differentials for Kazakhstan's CPC Blend crude oil have plummeted on heightened output and weak demand. Is there any hope for a price recovery in the short term?
How did New Mexico become the US’ third-biggest crude oil producer?
April 16, 2018
- EIA analysts Jeff Barron and Mason Hamilton talk about what's happening in New Mexico, why US crude is getting lighter, and what it all means for US refining and exports. Second of two parts.
North American Oil and Product Flows, Part 1
April 09, 2018
- Mason Hamilton and Jeff Barron, petroleum markets analysts with the US Energy Information Administration, discuss North American oil and refined product flows.
All Podcasts

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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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