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Platts Snapshot

More LNG outflows support US as net gas exporter, but position is tenuous

2016-12-08 06:11:05 EST

Record-setting LNG exports in November were just enough to make the US a net exporter of natural gas for the first time ever, driven by profit margins to both Europe and Asia.

News Headlines

Pittsburgh (Platts)--8 Dec 2016 623 pm EST/2323 GMT
The $40/st US sheet steel mill price increases announced last week have started to take hold, although buyers still do not feel prompted to make any purchases, sources said Thursday.
Houston (Platts)--8 Dec 2016 621 pm EST/2321 GMT
The Midcontinent Independent System Operator Board of Directors on Thursday approved the system's latest transmission expansion plan with 383 new projects spread across the grid operator's sprawling footprint, estimated to cost almost $2.7 billion.
More Headlines

Feature: OPEC Guide

December 07, 2016
OPEC crude oil production for November rose for the sixth straight month, to a record 33.86 million b/d, an S&P Global Platts survey showed December 7, largely on the return of Angola's Dalia field from maintenance and recovery in war-torn Libya.
Also in this feature
Trafigura sees continued oil over-supply 'struggle'
Crude oil and product markets will continue to struggle with over-supply despite OPEC efforts to rein in production, trading company Trafigura said December 7.
OPEC to meet non-OPEC oil producers in Vienna December 10: Barkindo
The US elections could have only a "marginal effect" in 2017 on the coal industry, although market tailwinds could still provide a boost, according to analysts.

The Barrel Blog

December 07, 2016
2020 is the shipping industry’s Y2K: lowering the marine fuel sulfur limit to 0.5% will be a big, costly affair. But the change has been a long time coming.
December 05, 2016
Egypt hopes OPEC’s move to cut oil output will actually breathe life into the moribund traffic in its Suez Canal and provide badly needed foreign currency.
December 01, 2016
To their surprise, delegates and speakers flying into Mumbai last month for Platts Steel Markets Asia conference were witnesses to history in the making.
All Blogs

Price Focus

The Japan Korea Marker (JKM) benchmark price assessment is for spot physical cargoes delivered ex-ship into the two countries with the largest share of LNG imports, Japan and South Korea.


Could new crude grades go into Dated Brent?
December 08, 2016
- Platts editors Joel Hanley and Robert Beaman discuss the possibility of new grades of crude oil joining Brent, Forties, Oseberg and Ekofisk in the vital Dated Brent benchmark. Is Norway’s Troll the strongest candidate?
Wheat prices under pressure as Australia hits record harvest
December 07, 2016
- After facing threats of frost and floods last month, Australian farmers are now looking at a record wheat harvest.
Trump administration could be a bend in the road for biofuels blending
December 05, 2016
- Total renewable fuel is slated to break through the so-called blendwall in 2017, but how will a new presidential administration affect targets for the Renewable Fuel Standard?
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M2M-NGL Forward Curves

Published February 2016

The M2M-NGL Forward Curves guide describes the methodology used to compute the M2M NGL. Platts "Quantitative Forward Curves" QFC are developed incorporating Platts' editorial market knowledge, Platts' extensive database of historical price assessments and Platts Analytics expertise.

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