News Headlines

Iran's Khamenei warns West against military action, oil sanctions

Tehran, February 3, 2012, 802 am EST/1302 GMT

Iran's Supreme Leader Ayatollah Ali Khamenei on Friday warned the West against taking military action and imposing sanctions on Iranian oil.

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Podcasts

European naphtha marks unusually strong entry into 2012
February 3, 2012 - Discussing the European naphtha market, focusing on its rising strength on supply shortages going into 2012.

European PVC continues to struggle amidst protracted economic recovery
February 3, 2012 - Discussing factors affecting the European PVC market, from sluggish demand to increasing feedstock costs.

US gasoline, heating oil prices prone to rally as refining capacity shrinks
February 1, 2012 - As refinery capacity has shrunk recently in the US and in Europe, NYMEX RBOB and heating oil futures prices have risen, outpacing crude prices.

European MTBE hits highest January levels in 10 years
February 1, 2012 - Discussing the factors which have led to the strongest January MTBE market since 2002.

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News Features

Iranian Oil Sanctions: Japan, US hold second round of Iran sanctions talks

February 3, 2012

Japanese officials renewed their case Feb 2 for an exemption from US sanctions on Iranian oil deals during talks in Washington between the two governments, according to Tokyo sources.

Asia LNG Demand: Asia LNG 2011 winter price curve broken on warmer weather

February 1, 2012

Asia's 2011 spot LNG price curve for the peak winter demand season was broken by a combination of warmer weather, early stockpiling of cargoes and cooler than expected summer, according to an in-depth analysis of Platts data.

OPEC chief warns of oil price volatility as markets adjust to Iran sanctions

January 30, 2012

OPEC Secretary General Abdalla el-Badri warned Jan 30 that oil prices were likely to be volatile over the next few months as markets adjust to new EU sanctions on Iran that will remove 450-500,000 b/d of Iranian crude from European markets.

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Blogs

The Barrel: State power regulators vs. FERC: there's some pain out there

When US state utility regulators meet in Washington next week for their annual winter conference, one of the themes they will cover--to a larger or smaller extent--will be states versus the Federal Energy Regulatory Commission.

The Barrel: Saudi Arabia's petrochemical paradox

For anyone observing from the outside, Saudi Arabia's petrochemical manufacturers would seem little more than a vast, cash generating machine.

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Commodity Pulse Videos

Renewables revolution: Europe leads the way

January 18, 2012 (13:36 mins)

Renewable energy's share of the generation mix, already substantial in several European countries, is rising fast. Platts discuss the rate of progress for wind, solar and other renewable sources towards the holy grail of 'grid parity'.

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Industry Solution Papers Library

Dated Brent: The Pricing Benchmark for Asia-Pacific Sweet Crude Oil

The Dated Brent benchmark has taken on an increasingly significant role in the determination of oil prices in the entire Asia-Pacific region. This paper examines and explains the reasons for this ongoing and accelerating trend. (published May 2011)

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Market Issues

Platts Market Issues are a series of occasional discussion papers examining price-discovery issues.

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A daily email compiling a regional round-up of the top, most recent Platts news, in-depth features, information on Platts events, products and a summary of what's new on platts.com.