Stay updated with breaking news from Platts Dated Brent. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/PRNewswire/ -- S&P Global Commodity Insights today announced the successful review of four more oil terminals for inclusion it its Platts Dated Brent and Cash...
The OPEC+ alliance has its production quotas in place for August, but what happens next remains a vital question for an oil market contending with sanctions on Russia and rampant inflation. Months of pressure from the US and other consuming nations on OPEC and its partners to increase their crude production could soon be coming ...
Top African oil producers Nigeria and Angola are unlikely to meet current OPEC output quotas for at least another year as persistent underinvestment and maintenance issues have crippled energy facilities, according to the International Energy Agency. Nigeria, the region’s largest producer, has seen production plunge to its lowest level in more than 30 years to ...
Norway’s crude production fell by 2.5% on the year in May and by 2.6% compared with April 2022, data published June 21 showed, as the industry heads for summer maintenance and operators prioritize gas. Crude output in May totaled 1.62 million b/d, down from 1.66 million b/d a year earlier, the Norwegian Petroleum Directorate said. ...
US WTI Midland crude oil will be incorporated into the Platts Dated Brent and related benchmark assessments from June 2023, S&P Global Commodity Insights said June 8, with the first-ever inclusion of a non-North Sea grade expected to boost the liquidity of oil’s most important price benchmark. Platts, part of S&P Global, said WTI Midland ...