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Oil markets news & analysis


The Barrel Blog

June 15, 2018
The longer China delays publishing its detailed trade data for April, the more it is feeding speculation about the possible ulterior motives behind withholding the numbers, and hurting credibility.
June 11, 2018
Global oil demand growth was a much heralded sidekick to supply cuts that rebalanced the market in record time. Now the Saudi Arabia-Russia pronged pact is considering reversing course on its output cut deal, while demand growth shows little sign of letting up.
June 08, 2018
Attendance was greater than ever at the IATA Fuel Forum in London. Ease of location was no doubt a factor, with fuel procurement teams flying in to London from all over the world. However, another factor is the current robust health of the airline industry... for now at least.
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News Headlines

Singapore (Platts)--18 Jun 2018 502 am EDT/902 GMT
Shocks to the global trading system due to escalating trade disputes are being felt in a very niche business -- the large-scale commodity trading houses that keep a low profile but have a huge influence on global trade with revenues running into hundreds of billions of dollars.
Tokyo (Platts)--17 Jun 2018 1001 pm EDT/201 GMT
Refinery: Osaka, western Japan
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Feature: OPEC Guide

June 08, 2018
As OPEC prepares to meet in Vienna to decide whether to loosen the taps, its crude production in May slid for the fourth straight month to 31.90 million b/d, the lowest in over a year, according to the latest S&P Global Platts survey.
OPEC May crude oil output slides to 13-month low of 31.90 mil b/d: Platts survey
Also in this feature
OPEC crude oil output and production vs. cut allocations
OPEC crude oil output and production vs. cut allocations
Since 1988, S&P Global Platts has published a monthly survey tracking OPEC crude oil production by country. The estimates are obtained through a review of proprietary shipping data, news reportage and surveys of knowledgeable sources.



Podcasts

US casts big shadow over OPEC meeting
June 18, 2018
- We talk to the last US official to attend an OPEC meeting, Kent Hance, a former US congressman; and Amy Myers Jaffe, director of the Energy Security and Climate Change Program, on the role OPEC can have in propping up Venezuelan crude supply or protecting Iran from the impacts of the US exit from the nuclear deal.
World's biggest industry will be slow to change, ex-BP chief says after Pope meeting
June 15, 2018
- Following a meeting of energy chiefs with Pope Francis in the Vatican, Britain's Lord Browne, former CEO of BP and current executive chairman of L1 Energy, tells S&P Global Platts that change in the world's biggest industry, oil and gas, will be a slow process.
What will impact global oil the most: Venezuelan crude collapse or US nuclear deal exit?
June 08, 2018
- Jane Nakano, a senior fellow with the energy and national security program at the Center for Strategic International Studies, joins Capitol Crude to talk about energy trade between the US and China and where it's headed.
All Podcasts

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RELATED

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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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