Platts: VLCC Owners Gear Up for Persian Gulf Rate Spike

Worldscale rates for VLCCs on West Africa-to-Far East routes are at steep premiums to rates for Persian Gulf...

Platts: Singapore Moving Towards FOB Straits Basis for Oil?

The expansion of Singapore as a leading Asia-Pacific energy hub, combined with the country’s moratorium on...

Platts: Pre-Report Survey of EIA/API Data Suggests a 3 Million-Barrel Draw in U.S. Crude Oil Stocks

U.S. commercial crude stocks are expected to have fallen another 3 million barrels during the reporting week ended July 26, according to Platts analysis and a survey of oil analysts.

Platts: US crude oil stocks increase 1.994 million barrels last week

U.S. commercial crude oil stocks rose 1.994 million barrels to 359.092 million barrels for the reporting week end...