Platts Oil

Platts Oil


Real-time #oilprice news & analysis on #oilmarkets from S&P Global Platts. Covers global #crudeoil, refined oil, #jetfuel & gasoil. RTs don’t equal endorsements

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Nigeria's #Forcados  crude exports on force majeure due to #pipeline  closure: #Shell  🛢️ Trans Forcados Pipeline reopening delayed after works 🛢️ Loadings have averaged 250,000 b/d in recent months 🛢️ Qua Iboe also remains on force majeure 📰 Full story:

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#Commodities2021 : Asia's jet fuel recovery sees headwinds in 2021, eyes brighter H2 | * infections, new vari #COVID19nt  clouds aviation sector outlook * Asia's 2021 demand seen close to #jetfuel20 % lower vs 2019: Platts Analytics

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Can transport really transition away from its addiction to #fossil  #fuels ? What role will #petrochemicals  play in a low carbon future? Find out at S&P Global Platts Virtual London Energy Forum on February 22nd. #PlattsLEF 

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US Strategic Petroleum Reserve to start unloading crude barrels as soon as April | #crudeoil  #OOTT  * #SPR  sale would include 10 million barrels soon, another 10 million later * Would help fund SPR infrastructure modernization plans @JDBlum23  story:

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#Crudeoil slides more than 2% amid stronger dollar, Chinese lockdowns | #OOTT  #covid-19  * Dollar rallies to one-month high * #Biden  presents $1.9 trillion #stimulus  plan * Chinese lockdowns threaten demand forecasts @cmoessner  story:

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#Citgo still in limbo as judge approves sale of Venezuelan holding company's shares * Crystallex wins again in bid to seize Citgo shares * #ConocoPhillips , other #PDVSA  creditors could be impacted @JDBlum23  story:

#Total exits American Petroleum Institute over #climate  policy 'alignment' | #crudeoil  #natgas  * Cites API's opposition to Paris Agreement in decision * First oil, gas major to withdraw from pre-eminent industry group @ncoleman100  story:

🔝 #PlattsCommodityNews  Americas Jan 15 📰 #Crudeoil  slides more than 2% | 📰 PJM differs from Cal-ISO, ERCOT in how are treated | 📰 com #renewablesanies  ready earnings | | #Midstream  #natgas 

China's 2020 #crudeoil  imports rise 7% to 10.9 mil b/d, Dec inflow falls to 27-month low ➡️ #ChinaOil  #Chinacrude  #oilproducts  #oilimports  #oilexports  #China 

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#PDVSA tells #crudeoil  buyers it cannot meet full supply commitments for June: source |

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#Venezuela's Orinoco Belt crude production falls to 169,800 b/d | #crudeoil  #sanctions  |

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Infographic: Take a look at which producers and crude grades may gain market share when US waivers for Iranian oil purchases expire on May 2: #OOTT  #Iransanctions  #crudeoil 

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Russia has thrown down the gauntlet to Saudi Arabia in their intensifying price war. But what is #Russia 's global #oil  clout in the price war with Saudi Arabia? Find out in our @SPGlobalPlatts  infographic #SPGPlattsInsight 

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Platts map shows #Iraq 's #oil  and gas pipelines around Iraqi's oil hub of Kirkuk:

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A Saudi oil tanker appears to be traveling across the Atlantic Ocean to sanctions-embattled #Venezuela  either to deliver or pick up a cargo -- an almost unprecedented shipment between the two #OPEC  members.

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World's #crudeoil  supply under threat after attacks at #Saudi  #oil  facilities. Here's our #factbox  on #oilpricespr #infrastructureices, #tradeflows & : Aramco#OOTT  #energy  #SaudiAramco 

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The dramatic rise in #USshale  output has transformed the quality of oil on the global #oilmarket , adding a glut of light sweet crude, with attempts elsewhere to make significant output cuts. infographic shows the impact on the oil sector:

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