S&P Global Platts


All posts for S&P Global Platts

S&P Global Platts Deploys Blockchain for Collation of Fujairah Oil Inventory Data

S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, has announced that it is deploying a proprietary, secure Blockchain network to allow market participants to submit weekly inventory oil storage data to Fujairah Oil Indust ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > S&P Global PlattsBlockchainFujairah +2

Electric Vehicles: S&P Global Ratings Highlights the Potential Oil Market Ramifications

Over the next decade, we see downside to oil demand as a limited risk because each 1 million EVs (roughly equal to 2017 EV sales) only replace about 20,000 barrels/d and oil demand growth should continue on the back of growth from commercial transport and chemicals, with demand growth over the ...

OilVoice Press - OilVoice


Posted 3 days agoOpinion > S&P Global PlattsOil MarketElectric Vehicles +1

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Rose 2.5 Million Barrels

Smaller-than-usual builds in total US crude inventories combined with continued draws this winter at Cushing, Oklahoma (delivery point for NYMEX crude oil futures contracts), helped NYMEX crude futures find a bottom last week before turning higher, according to an S&P Global Platts preview of this ...

OilVoice Press - OilVoice


Posted 3 days agoOpinion > S&PS&P Global PlattsUnited States +3

S&P Global Platts OPEC Survey for January 2018

  OPEC production well below ceiling of 32.73 million b/d Saudi output 9.99 mil b/d, Iraq 4.41 mil b/d, Iran 3.83 mil b/d Libya, Nigeria combine for 2.91 mil b/d, above 2.80 mil b/d cap Venezuela output falls for sixth straight month to 1.64 mil b/d OPEC's crude production averaged 3 ...

OilVoice Press - OilVoice


Posted 11 days agoOpinion > S&P Global PlattsOPECSurvey +6

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 103-Bcf Draw to Natural Gas Stocks

WASHINGTON (January 31, 2018) – The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 103-billion cubic-feet (Bcf) withdrawal for the week that ended January 26, according to a survey of analysts by S&P Global Platts, the leading independent provider of information an ...

OilVoice Press - OilVoice


Posted 24 days agoOpinion > EIAEnergy Information Administration EIAUnites States +4

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Rose 325,000 Barrels

NEW YORK (January 29, 2018) – Persistent declines in U.S.  crude oil inventories have eased oversupply concerns, shifting focus in the market toward the bullish impact that a weaker dollar is having on global oil demand, according to an S&P Global Platts preview of this week's pending U.S. Energy I ...

OilVoice Press - OilVoice


Posted 26 days agoOpinion > S&P Global PlattsUnited StatesUS +4

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 272-Bcf Draw to Natural Gas Stocks

WASHINGTON (January 24, 2018) – The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 272-billion cubic feet (Bcf) withdrawal for the week that ended January 19, according to a survey of analysts by S&P Global Platts, the leading independent provider of information an ...

OilVoice Press - OilVoice


Posted 30 days agoOpinion > S&PS&P Global PlattsEIA +5

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 1.6 Million Barrels

NEW YORK – A busy week on the economic calendar will test whether the risk-on rally that has upended global markets for equities, bonds, currencies -- along with commodities, including oil -- can stay alive, according to an S&P Global Platts preview of this week's pending U.S. Energy Information Ad ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > S&P Global PlattsUnited StatesUS +3

FACTBOX - Energy Implications of a US Gov't Shutdown - S&P Global Platts

(Platts)--18Jan2018/344 pm EST/844 GMT If the US Congress fails to pass a short-term spending bill and the federal government shuts down this week, oil and natural gas permitting in federal lands and waters is expected to stall, government statistics which often move energy markets will not be upd ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > S&P Global PlattsUnited StatesUS +6

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 189-Bcf Draw to Natural Gas Stocks

WASHINGTON (January 17, 2018) – The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 189-billion cubic feet (Bcf) withdrawal for the week that ended January 12, according to a survey of analysts by S&P Global Platts, the leading independent provider of information an ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > S&P Global PlattsUSUnited States +4

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 425,000 Barrels

NEW YORK (January 16, 2018) – Tightening US crude stocks recently turned NYMEX crude's nearby term structure to backwardation, which could attract even more speculative length into the market and help sustain higher prices, according to a Tuesday S&P Global Platts preview of this week's pending U.S ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > S&P Global PlattsUSUnited States +4

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 3.5 Million Barrels

After rising last week to their highest levels since December 2014, crude oil futures could face selling pressure over the coming weeks from seasonal builds in U.S. crude oil stocks due to refinery maintenance, according to an S&P Global Platts preview of this week's pending U.S. Energy Information ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > EIAS&P Global PlattsCrude Stocks +3

OPEC December Crude Output 32.40 MIL B/D, UP 50,000 B/D From November: S&P Global Platts Survey

January 8, 2018 — By Herman Wang , Eklavya Gupte   12 members with quotas achieve 135% compliance in December Saudi Arabia output 9.90 mil b/d, Iraq 4.41 mil b/d, Iran 3.82 mil b/d Libya, Nigeria combine for 2.88 mil b/d, above cap of 2.80 mil b/d OPEC output well below ceiling ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > OPECCrudeS&P Global Platts +3

Post-EIA Oil Inventories Commentary: S&P Global Platts Analytics - Quote Sr. Oil Analyst Jenna Delaney

Final numbers for 2017 from the EIA's Petroleum Weekly wrap up a year of significant draws on U.S. petroleum inventories. Total commercial hydrocarbon inventories ended the year 110 million barrels below where the year began. The decline was led by crude oil, which fell by 59 million barrels during ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > EIAOil InventoriesS&P Global Platts +4

Year-End 2017 U.S. Rig Count Up 45% Over 2016: S&P Global Platts Analytics

S&P Global Platts Analytics announced the U.S. rig count for December 2017 was 1,030, down 23 (-2%) from November 2017, and up 321 (+45%) from December 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. December U.S. land rig count: ...

OilVoice Press - OilVoice


Posted 1 month agoPress > United StatesUSRig Count +4