The US oil and gas sector is facing several huge transitions all at once: the immediate crisis brought on by the pandemic and a longer-term energy transition away from fossil fuels. 6 Fuel Oil 3.0% (Platts) Futures futures price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. The dynamic nature of the oil markets means new opportunities are created all the time. Oil DOWNLOAD A COMPLIMENTARY SAMPLE. Access latest oil news and analysis, conferences and events. Consolidation in the carrier... PlattsOil: Risk and governance: Essential insight, visionary solutions..... APPEC goes virtual. It has been a big year for the US flagship crude, West Texas Intermediate, and in particular the way that grade is priced. Globex Futures ; Auto Refresh Is. D6 is mostly used for generators. Look up contacts and conversations later. Chris Midgley, Global Director of Analytics, discusses the global energy outlook in these very uncertain times. Recent investments at odds with energy transition scenarios. Fuel oil (also known as heavy oil, marine fuel or furnace oil) is a fraction obtained from petroleum distillation, either as a distillate or a residue. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., Register or Login to See Price Assessment. The agreement was largely successful in fostering a recovery in oil prices throughout the summer and fall, but oil demand outlooks have again come under pressure. — Chinese demand: Trade deal dynamics; evolving Chinese choices of crude suppliers D6 is its name in the USA. FFI Contract Size. But despite mounting concerns over climate change, most companies are counting on prices that are inconsistent with global warming targets, according to climate think-tank Carbon Tracker. This particular fuel oil requires preheating to 220 – 260 Degrees Fahrenheit. How do we assess Platts European fuel oil? — U.S. upstream: Driving cost efficiencies, finding access to capital S&P Global Platts European fuel oil price assessments cover both the high and low sulfur spheres, divided between 3.5% and 1% maximum sulfur, cargo and barge marketplaces.Fuel oil has a number of uses globally, though the largest market for the heavy, residual refined product is bunker fuel, where the material fuels large, sea-going vessels. For further details about this gala and how to attend, please visit https://www.spglobal.com/platts/global-energy-awards/attend. Evolution of Platts European fuel oil price assessments, Congress passes ITC and PTC 'extender bill' for renewables, but confusion injected by Trump, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. Since crude exports from the US restarted in 2015, WTI Midland has become a mainstay for European crude imports and a core part of the North Sea crude oil market. Fate of weakest upstream assets still unclear. Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. — Share—Add your social media profiles to the tool to easily post, share, and connect. Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. The fuel requires to be preheated before it can be used. It has been a big year for the US flagship crude, West Texas Intermediate, and in particular the way that grade is priced. PlattsEuropean fuel oil cargo assessments reflect cargoes of 30,000 mt for both high and low sulfur markets.Cargoes must be free of any restrictions or limitations placed on the cargo buyer, such as resale or destination clauses, and should always reflect standard industry norms and practice.All Platts fuel oil is assessed on a Market on Close assessment process basis. But that is down roughly 2 million b/d on the year, and many analysts expect little change for 2021. 1% FUEL OIL CARGOES CIF NWE (PLATTS) FUTURES - QUOTES Globex. Globex Futures; Globex Options; Auto Refresh Is. Cookie Settings | +1-800-PLATTS-8 / +1-800-752-8878 | support@platts.com | sales@platts.com: Copyright © 2020 S&P Global Platts, a division of S&P Global. Platts currently publishes up-to-date loading programs for the five Dated Brent basket grades on PGA 1260. Platts assessments reflect a standard Aframax cargo size of around 600,000 barrels, though cargoes of between 500,000 barrels and 700,000 barrels may be bid or offered in the Platts Market on Close assessment process and are normalized back to a 600,000 barrel standard. Platts Market-on-Close (MOC) is the process Platts editors use to assess prices for crude oil, petroleum products and related swaps. Making sense of what is moving the oil markets and why is vital for successful trading decisions. Gulf Coast No. Access latest agriculture news and analysis, conferences and events. With that in mind, perhaps the bigger threat to the sector in the near term is the potential for stranded value rather than stranded upstream assets. These moves echoed the transitions the fuel oil market has witnessed over the years; evolving on the emergence of cheaper and readily available natural gas from a utility market to one centred around bunker fuel.Given the markets' primary outlet, over time the specifications Platts reflects have also shifted towards the bunker market. About 92% of oil and gas executives surveyed believe their companies need to change the way they operate coming out of the downturn, but less than half said they have a robust plan to reskill staff and capture the value of digital transformation. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. – 260 Degrees Fahrenheit year, and analysis, conferences and events in 1979 related swaps E! Use it in smaller engines or vessels/vehicles where it is a report the... 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