Kristian Tialios
Senior specialist, oil 
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November 21, 2019 14:04 UTC 
(0)
The US is quickly becoming a top supplier of crude for Australia, with the first full laden VLCC with WTI en route to Australia. Like a microcosm of the overall US crude oil export growth phenomenon, Australian refineries are increasingly importing crude oil from the US, quickly making the it one of the main suppliers for the island continent. |
Ben Kilbey
Managing editor, precious metals 
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November 19, 2019 13:24 UTC
(0)
China has dominated the physical global gold markets for the last few years, as not only the world’s number one producer but also the top consumer. Physical flows have swapped direction – no longer East to West, but West to East. The traditional hubs of New York, London and Switzerland remain powerhouses – but China tops the charts. |
Paul Bartholomew and Clement Choo
Editors, Metals
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November 19, 2019 08:28 UTC
(1)
This new monthly feature looks at key auto markets around the globe, including output and sales trends and the impact on relevant steel and metals prices. The auto sector accounts for around 25% of steel consumption in the US and Germany, 7% in China and 12% in India. The sector will play a growing role in metals demand in emerging nations. |
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S&P Global Platts
News editors 
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November 18, 2019 06:04 UTC
(1)
Nuclear generation in the US and France faces contrasting challenges of power market prices and safety concerns, as this week’s graphics show. Other top trends picked by S&P Global Platts editors include China’s falling LNG imports, stuttering gold prices, refinery margins and coking coal prices. |
Andrew Critchlow
Head of news, EMEA
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November 13, 2019 09:31 UTC
(1)
OPEC officials have played down the prospect of deeper crude oil production cuts. Demand may be picking up and US shale producers are finally feeling the pinch. However, tepid prices and the awkward timing of the giant Aramco IPO will make a strong case for the group to take more action. Oil continuing to trade around $62/b is a problem OPEC has failed to resolve. The group’s key producers from the Middle East require higher prices to sustain their petrodollar economies. Saudi Arabia requires prices above $80/b to balance its budget and faces its seventh straight year of total government spending outstripping revenues in 2020 unless it can engineer a rebound in the value of its main export. |
Meghan Gordon
Senior writer, oil
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November 12, 2019 14:04 UTC
(1)
For every barrel of oil produced from the average Permian Basin well, about three barrels of water get pumped out with it. The water-to-oil ratio is lowest in the established Midland Basin, but more exaggerated in the Delaware and other Texas basins. A midstream water management industry has grown up in Texas alongside the shale oil boom. Most of the water gets injected back underground into disposal wells, although more and more is getting treated and moved to other drilling sites to frack new wells. |
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S&P Global Platts
News editors
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November 11, 2019 06:18 UTC
(2)
Precious metals top this week’s selection of energy and commodity charts, as palladium prices continue to climb, but provide little upside for platinum. Plus: US natural gas prices, Middle East economies’ oil dependency, European coal-to-gas generation switching and Chinese LNG imports. |
Mario Perez
Senior specialist, Gas and power pricing |
November 7, 2019 14:27 UTC
(0)
The market for European Guarantees of Origin, or GO, electronic tags that certify the source of renewable electricity, is evolving quickly. S&P Global Platts has been monitoring developments, including the impact of recently-launched French auctions; price dynamics across regions and technologies; and where additional GO supply will come from in the coming years. |
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Andrew Critchlow
Head of news, EMEA
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November 5, 2019 14:53 UTC
(2)
Norway brags about its green credentials but the Scandinavian petrodollar state still depends on exporting oil and natural gas for its long-term prosperity. Its latest giant offshore oil field project is proof that the North Sea still has decades of life left as a major producing basin. The UK government should take note and support more exploration in British waters. |
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S&P Global Platts
News editors 
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November 4, 2019 10:00 UTC
(4)
LNG breaks new records either side of the Atlantic in this week’s pick of energy and commodities trends from S&P Global Platts editors. Plus: US crude imports and refining, German power price dynamics and more. |
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