Platts news
Platts is a leading provider of energy and commodities news, pricing, and analytics. Here are some recent news articles from Platts:
Energy News
- Global oil demand to rise 1.2 million b/d in 2023: Platts Analytics forecasts that global oil demand will increase by 1.2 million barrels per day (b/d) in 2023, driven by growth in the transportation sector and a rebound in industrial activity. (Source: Platts)
- US natural gas prices surge to 3-year high: Natural gas prices in the US have surged to a three-year high, driven by strong demand and limited supply. (Source: Platts)
- Renewable energy capacity to surpass fossil fuels by 2050: A new report from Platts Analytics predicts that renewable energy capacity will surpass fossil fuels by 2050, driven by declining costs and increasing demand for clean energy. (Source: Platts)
Commodities News
- Copper prices hit 2-year high on supply concerns: Copper prices have hit a two-year high, driven by concerns over supply disruptions and strong demand from the electronics sector. (Source: Platts)
- Gold prices rise on safe-haven demand: Gold prices have risen on safe-haven demand, driven by concerns over global economic uncertainty and geopolitical tensions. (Source: Platts)
- Iron ore prices surge on Chinese demand: Iron ore prices have surged on strong demand from China, driven by the country's infrastructure development and steel production. (Source: Platts)
Market Analysis
- Oil market faces supply crunch in 2023: Platts Analytics predicts that the oil market will face a supply crunch in 2023, driven by declining production from mature fields and limited new supply. (Source: Platts)
- Natural gas market faces storage challenges: The natural gas market is facing storage challenges, driven by strong demand and limited supply. (Source: Platts)
- Copper market faces supply disruptions: The copper market is facing supply disruptions, driven by strikes and labor disputes in major producing countries. (Source: Platts)
These are just a few examples of the latest news and analysis from Platts. The company provides a wide range of energy and commodities news, pricing, and analytics to help businesses make informed decisions.