V.16:14 (620-622): Product Review: Platt's Analytics Service by John Sweeney
Product Description
Platt's Analytics Service Real-Time Information (Standard & Poor's Platt's). Page-based technical and fundamental indicator, commentary, and pricing for analysis of petroleum markets. Available on the internet. by John Sweeney
In 1923, Warren C. Platt started publishing prices for oil and its byproducts welled from the fields of Oklahoma and Texas. The information was vital to producers and purchasers alike and served for many years as the basic price discovery mechanism surrounding the oil fields.
Today, petroleum markets are large, virtually public markets with full transparency and intimidating efficiency. Platt’s Global Alert, Platt’s main petroleum market product, is still the industry’s pricing benchmark, not only for their reporting but also for the rigorous analytics they publish.
With Platt’s Analytics Service, they’ve even gone a step further and now include some forward commentary and direct quotes of traders’ forecasts, whereas competitors tend to stick to reporting. Platt’s figures that even companies with their own technical staff will buy analysis that reduces their leg-work and provides an unbiased second opinion on the market.
In 1923, Warren C. Platt started publishing prices for oil and its byproducts welled from the fields of Oklahoma and Texas. The information was vital to producers and purchasers alike and served for many years as the basic price discovery mechanism surrounding the oil fields.
Today, petroleum markets are large, virtually public markets with full transparency and intimidating efficiency. Platt’s Global Alert, Platt’s main petroleum market product, is still the industry’s pricing benchmark, not only for their reporting but also for the rigorous analytics they publish.
With Platt’s Analytics Service, they’ve even gone a step further and now include some forward commentary and direct quotes of traders’ forecasts, whereas competitors tend to stick to reporting. Platt’s figures that even companies with their own technical staff will buy analysis that reduces their leg-work and provides an unbiased second opinion on the market.
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