The world’s next ‘leap second’ event will occur on June 30, 2015 — and, for the first time ever, according to the Futures Industry Association (FIA), it will happen “during active trading hours in an environment where electronic and automated trading relies on sub-second precision for communication, execution, clearing, surveillance and audit trails.”
Posts Tagged ‘Asia’
By Joseph Innace | May 21, 2015 12:01 AM Comments (0)
By Elizabeth Bassett | April 9, 2015 03:34 PM Comments (4)
There are a couple months of the year that seem busier than others, and April is one in the oil industry. The first quarter has ended, and many of the editors here at Platts are readying themselves for the slew of earnings calls and reports that will be coming soon. Those quarterly updates can sometimes signal big changes – announcements about new projects, financial doings, production figures, etc. – and we wanted to assess the global oil industry now, in the calm before the storm.
By Deepak Kannan | March 27, 2015 01:15 PM Comments (0)
If you are a coal producer focused on the Chinese market, I am sure you will be scratching your head thinking about the future. Ever since China started imposing restrictions on imports, suppliers have gone on a wild hunt for buyers.
By Desmond Wong | March 19, 2015 12:01 AM Comments (0)
This winter saw record volumes of LNG arriving on the shores of Europe, as cargoes sought value in an environment of weak LNG spot pricing. Cargoes flowed in from not only Qatar, but also from production sites like Trinidad and Tobago as portfolio players sought to optimize volumes into Europe while purchasing Asia Pacific delivery cargoes elsewhere to fulfill existing commitments.
By Vandana Hari | February 17, 2015 07:50 AM Comments (5)
Crude oversupply is a well-known story by now. Let’s talk about demand growth – or the absence of it. Why has the near-60% crash in crude as measured between the high of mid-June 2014 and the trough of January this year ($115.06 and $46.59/b respectively for front-month Brent) not produced a demand response from Asia?
By Elizabeth Bassett | February 5, 2015 12:01 PM Comments (1)
February in the US is the traditional time to hoist groundhogs before the public to determine whether winter is coming to a close or will continue in a seemingly endless slog. It’s also a time to remember the existential crisis of Phil and wonder if you’re actually stuck in one place for eternity.
In the global world of oil, some issues keep rearing their heads, like a Sonny and Cher song on a clock radio. But in the February edition of The Oil Big Five, we feature many new topics culled from our oil editors and analysts worldwide, who shared the top items they’re keeping an eye on in the oil industry. As always, we encourage you to share your top picks below in the comments or on Twitter with the hashtag #oilbig5, and enjoy this month’s list:
By Yen Ling Song | January 31, 2015 12:01 AM Comments (1)
By Elizabeth Bassett | December 10, 2014 05:34 PM Comments (3)
The end of December is just around the corner, and it’s typical at this time of year for publications to take a grand look backward to sum up the year. What kind of proclamations can we make about the global oil industry in 2014? What sort of lessons are there to be learned, and how will we look back on 2014 years from now?
As tempting as it may be to take that look in the rearview mirror, today we’re going to look ahead with our December version of The Oil Big Five. By now you know the drill: We ask our Platts editors and analysts in offices around the globe what they think are the biggest issues or topics in the oil world for the upcoming month, and then we ask you for your thoughts. Are we right, are we wrong, and what do you want to see covered? Leave us your comments here or with #oilbig5 on Twitter.
By Elizabeth Bassett | October 6, 2014 03:03 PM Comments (4)
Now that the global crude oil markets are in the middle of a sort of upheaval, it seems increasingly harder to have clear thoughts or emotions about what the future holds. There are so many nuances to the slowly emerging new order that it can be difficult to find underlying issues (something we strive to do every month with this feature) or take a firm stand on how you think things will shake out in the future (see our No. 2 pick).
In the October version of The Oil Big Five, we have some officials trying to establish their region’s role in the future, even as everything is uncertain. We also have price movements and crude movements, and we’re hoping this all moves you to leave us a comment. Leave us your thoughts below. What do you think of these topics, and what did we leave off that’s a big issue to you? Or share your ideas on Twitter with the hashtag #oilbig5. Read what our oil editors and analysts nominated as the top issues for the moment, and we look forward to featuring your comments next week.
By Jamie McDuell | August 29, 2014 09:54 AM Comments (5)
Platts steel team tasked our design and production department to take a wealth of steel raw materials data and transform those freshly mined (sic) numbers into something visually engaging. In this post we present you with the very interesting results.