Page 33 - Platts Analytics News Today

S&P Global Platts Launches SAF and HVO values in Asia S&P Global Platts (“Platts”), the leading independent provider of information and benchmark prices for the commodities and energy markets, has launched new sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) price assessments in Southeast Asia effective January 18, 2021. The new assessments will enhance transparency in renewable fuel markets across Asia as the region is set to become a large producer of advanced biofuels...

(Associated Press/PR Newswire/S&P Global) S&P Global Platts (“Platts”), the leading independent provider of information and benchmark prices for the commodities and energy markets, has launched new sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) price assessments in Southeast Asia effective January 18, 2021. The new assessments will enhance transparency in renewable fuel markets across Asia as the region is set to become a large producer of advanced biofuels. The new P...

US crude oil inventories likely declined during the week ended Jan. 15 as exports remained steady, an S&P Global Platts analysis showed Jan. 19. Total commercial crude oil stockpiles are expected to have moved 2.5 million barrels lower last week to around 479.7 million barrels, analysts surveyed by Platts said. The expected draw would mark ...

At ₹84.45 per litre, petrol prices hit an all-time high in the capital Premium The retail price of petrol, which was last increased on 7 January, was raised by 25 paise per litre on Wednesday (REUTERS) Share Via Read Full Story Petrol prices scaled a record high on Wednesday, in line with rising global fuel prices and positive news on coronavirus vaccines, increasing calls for the government to lower taxes on transportation fuels. Oil marketing companies (OMCs) raised the retail price of pe...

Industrial gas demand growth continues into new year, despite coronavirus risks Recent growth in industrial natural gas demand has continued into January, outperforming year-ago levels, despite recently expanded lockdowns related to the ongoing coronavirus pandemic. Month to date, demand from industrial consumers has averaged over 25.3 Bcf/d, outpacing its January 2020 level by 700 MMcf/d, or about 2.8%, data compiled by S&P Global Platts Analytics shows. As post-holiday-season coronavirus infe...

The Asian gasoil market will see further demand growth in 2021, with participants expecting an upswing in consumption especially in the second half of the year, but industry sources S&P Global Platts spoke to cautioned that a slower than expected rollout of mass vaccination programs, complications arising from the emergence of new strains of the ...

The Asian gasoil market will see further demand growth in 2021, with participants expecting an upswing in consumption especially in the second half of the year, said S&P Global Platts, a leading provider of energy and commodities information.

US LNG export terminals were operating near capacity Jan. 11 as the spot price for deliveries to Northeast Asia approached a staggering $30/MMBtu amid ongoing supply constraints and strong winter demand. The benchmark S&P Global Platts JKM has soared to a record high from a record low in less than nine months. The current trend ...

China’s natural gas demand set to hit new record China’s natural gas demand is expected to set a new record in 2021 as its economy emerges from the pandemic faster than most countries and it remains on track to meet its long-term environment protection targets, data from S&P Global Platts Analytics and state-owned Sinopec’s research arm showed Jan. 7. S&P Global Platts Analytics expects Chinese natural gas demand to reach 360 Bcm in 2021, up 8.4% from an estimated 332 Bcm in 2020. It was ...

Global LNG to continue growth trajectory in 2021 but at slower pace The LNG market enters 2021 with reports of a South Korean company planning to use LNG-cooled warehouses for bulk storage of COVID-19 vaccines as conventional cold distribution chains could be stretched. This is emblematic of how LNG is finding new uses in Asia where gas exporters are looking to the industrial, petrochemical, city gas and transportation sectors to become major sources of demand, supplementing traditional LNG use...