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 OPEC more optimistic about demand for own crude this year

February 12, 2015 - New forecasts from OPEC and the International Energy Agency suggest that lower oil prices will have a significant impact on non-OPEC oil supply later this year.

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February 05, 2015 - When OPEC chief Abdalla el-Badri said last month that the world should produce its low-cost oil before moving to develop higher-cost resources, he pointed to Libya as an example of a country with vast unconventional oil and gas potential.

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 European Petrochemicals Outlook 2015

January 16, 2015 - Platts editors provide in-depth analysis of market expectations for the European petrochemical industry in 2015, including a detailed assessment of events that shaped the markets last year.

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 US shale economics challenged as crude, natural gas prices collapse

January 13, 2015 - The plunge in crude oil prices over the past six months has led to a predictable deterioration in well economics across key US oil and gas basins, with virtually all major plays now earning average internal rates of return of less than 20% - a scenario that contrasts sharply with July 2014, when many were generating IRRs well in excess of 50%.

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 Many Latin American countries struggle to weather crude price declines

January 08, 2015 - The new year finds some Latin American oil producing nations strapped for cash at a time when a cache of important new finds require significant capital outlays for development. At the same time, a silver lining is emerging.

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Houston (Platts)--1 Apr 2015 413 pm EDT/2013 GMT
Total US jet fuel stocks fell 1.23 million barrels in the week ended March 27 on the back of a massive draw on Atlantic Coast inventories not seen since 1996, according to data released Wednesday by the Energy Information Administration.

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