Friday 29 March 2024
 
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Platts

Saudi Aramco changes Asia crude price formula

Saudi Aramco, a global leader in petroleum and natural gas, has announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the overall reliability of its crude oil pricing. Saudi Aramco’s long-

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Global steel demand to hit 1.5bn tonnes in 2017

Global steel demand will grow by 1.3 per cent to more than 1.5 billion tonnes in 2017, and increase by 0.9 per cent to a little over 1.548 billion tonnes in 2018, said a report. China will likely see flat demand this year, followe

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Global steel demand to hit 1.5bn tonnes in 2017

Global steel demand will grow by 1.3 per cent to more than 1.5 billion tonnes in 2017, and increase by 0.9 per cent to a little over 1.548 billion tonnes in 2018, said a report. China will likely see flat demand this year, followe

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Global steel demand to hit 1.5bn tonnes in 2017

Global steel demand will grow by 1.3 per cent to more than 1.5 billion tonnes in 2017, and increase by 0.9 per cent to a little over 1.548 billion tonnes in 2018, said a report. China will likely see flat demand this year, followe

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Mena steel demand to edge up 0.6pc this year

Demand for steel in the Mena region will nudge 0.6 per cent higher to 72.4 million metric tonnes (mt) this year, said S&P Global Platts, citing a Worldsteel report. Global steel demand will increase 0.2 per cent to a little mo

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Platts to launch Fujairah oil products price assessments

Platts, a leading provider of information and benchmark prices for the commodities and energy markets, will publish independent, outright price assessments for a range of oil products for the Middle East market on a free-on-board Fujairah basis

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Platts to set premium for Murban crude in Mideast benchmarks from July 1

Global oil pricing agency Platts said it will set a quality premium for Murban crude deliveries during its daily assessment process of the Dubai and Oman benchmarks for Middle East oil from July 1.   "The qu

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Platts may soon set premium for Murban crude in Mideast price benchmarks

Global oil pricing agency Platts may soon implement a quality premium for Murban crude deliveries during its daily assessment process of the Dubai and Oman benchmarks for Middle East oil.   The move could lead to

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Opec switches to Argus from Platts for energy price data

The Organization of the Petroleum Exporting Countries (Opec) has switched to Argus Media as its energy price data provider this year, dropping global pricing service Platts.   The producer group, which accounts f

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Platts will add Al-Shaheen, Murban crude to Mideast benchmarks from Jan

Oil pricing agency Platts said on Wednesday it will add Qatar's Al Shaheen and Abu Dhabi's Murban crude to its Dubai and Oman benchmarks from January 2016 to boost the liquidity of its price assessment process.  

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