What is Platts crude oil Marketwire?

What is Platts crude oil Marketwire?

Every business day, Platts Crude Oil Marketwire helps you uncover what’s moving the market and make critical business decisions by delivering the essential intelligence you need.

What does Platts stand for?

Platts means a price benchmark service for the oil industry. Platts pricing plus a premium or minus a discount is the preferred pricing mechanism on this requirement.

What is Platts market?

The Platts Market Data – Oil dataset provides access to market data and oil price assessments for global the crude oil and refined oil industry.

What is Platts data?

Platts Market Data – Oil reflects the evolving, diverse nature of the markets. Whatever your role is in the oil markets, the market data we provide will always give you the actionable numbers you need to remain one step ahead of the competition.

What is Platts Fuel price?

What is built into this price is the Platts (or potentially other benchmark) price of gasoline (for example) plus an ‘on-cost’. This includes- but is in no way limited to- the cost of freight, signage and a small margin for your supplier.

How does Platts pricing work?

Platts believes that price is a function of time, and that, in the oil and refined products markets – just like the stock markets – the most useful price for the day is the value at the close of the market.

What is Platts and Argus?

Platts and Argus have teams of reporters who speak to traders across commodity markets on a daily basis in order to set prices. In oil, Platts sets the key date Brent benchmark used to trade more than half of the world’s physical crude.

What industry is Platts in?

The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt….S&P Global Commodity Insights.

Formerly Platts
Type Division
Industry Energy, Commodities, Oil & Gas, Petrochemicals, Metals, Agriculture
Founded Cleveland, Ohio, US (1909)
Founder Warren C. Platt

How do I subscribe to Platts?

Please contact us directly via Live Chat or e-mail [email protected] and provide the following information so we can further assist you with the trial request.

What is Platt price for jet a1?

Today: 18 March 2022 JET A1 Price in United States

Jet fuel a1 price per barrel $128.9
Jet A1 per MT (metric ton) in USD $1018.3
per Gallon in USD $3.069
cost per Liter in USD $0.816

What is Platts market close?

What is Platts Market-on-Close? Platts Market-on-Close (MOC) is the process Platts editors use to assess prices for crude oil, petroleum products and related swaps. The MOC approach to methodology operates on the principle that price is a function of time.