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Saudi Aramco is sourcing replacement diesel and gasoline cargoes in the Mediterranean and Europe following Houthi attacks on its Red Sea refineries and pipelines. The oil giant has bid through Platts
Crude oil prices fluctuated early in the week before rallying on US-Iran tensions. Dated Brent closed Friday at $96.57/bbl, down 1.8% weekly according to Platts.
Crude oil prices rose 4.6% weekly to $97.84/bbl following volatility in US-Iran negotiations. The weekly average closed at $99.13 per barrel according to Platts market analysis.
Crude oil prices rallied during the week ended May 15 amid fading hopes for Strait of Hormuz reopening. Dated Brent closed at $112.20/bbl, up 7.1% weekly according to Platts assessments.
Platts releases global spot benchmark prices for petrochemicals in the US, Europe, and Asia.
Platts releases global spot benchmark prices for petrochemicals across the US, Europe, and Asia. These assessments serve as key references for industry trading.
US and Asian ethylene prices surged due to disruptions in crude and naphtha supplies caused by the war with Iran, according to Platts global spot benchmarks.
Platts publishes global spot benchmark prices for petrochemicals in the US, Europe, and Asia. These data points serve as essential references for market participants tracking regional commodity values
Major miners Rio Tinto and Fortescue are reducing reliance on Platts indices for iron ore contracts, shifting to alternatives per China Mining Group's request. This signals a broader industry shift to
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