News Headlines

NYMEX crude settles lower; heating oil, gasoil rally on colder weather

New York, February 6, 2012, 452 pm EST/2152 GMT

NYMEX March crude futures settled 93 cents lower at $96.91/barrel Monday, but heating oil and gasoil futures made gains as cold weather moves across Europe.

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News Features

Iranian Oil Sanctions: Iran's Ghasemi says EU sanctions will lead to 'terrible chaos'

February 6, 2012

Iranian Oil Minister Rostam Ghasemi on Feb 4 reiterated a threat to halt oil exports to "hostile" nations in the EU once winter is over and warned that the loss of Iranian crude oil would cause "terrible chaos" in the market and lead to an uncontrollable rise in oil prices.

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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.

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.

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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 throws its hat in the ring for OPEC's top job

Who will be OPEC's next secretary general after Abdalla el-Badri, who will finish his second three-year term in the job at the end of this year?

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Commodity Pulse Videos

2011: a momentous year for oil

December 7, 2011 (13:01 mins)

With Dated Brent crude oil at an historic average high, Platts editors analyze the key geopolitical and structural factors that have sustained such a high price.

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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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Top 250 Rankings

The Platts Top 250 recognizes outstanding financial performance for the previous year. Each company listed in the Platts Top 250 has distinguished itself through its remarkable performance and the outstanding efforts and dedication of its team.

Market Issues

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

Energy Bulletin

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.