S&P Global Energy
American commodity markets information provider
S&P Global Energy is a provider of energy and commodities information and benchmark price assessments. Its editors publish daily price assessments in physical commodity markets, and the U.S. Department of Justice has identified the company as one of four global price reporting agencies. Its assessments underpin the Brent crude oil benchmark; the Oxford Institute for Energy Studies estimated in 2022 that the Brent complex priced almost 70% of globally traded crude oil and long-term LNG.
The business traces its origins to 1909, when Warren C. Platt founded the magazine National Petroleum News in Cleveland, Ohio. Platt's publishing interests became part of McGraw-Hill in 1953 and grew into the division known as Platts. It was renamed S&P Global Platts in 2016, S&P Global Commodity Insights following a 2022 merger with IHS Markit, and S&P Global Energy in November 2025.
Overview
From an original focus on the oil industry, S&P Global Energy gradually expanded its purview to include metals, agriculture, shipping, and all energy-related markets – oil, coal, natural gas, electricity, nuclear power, petrochemicals, renewables, and emissions.
Corporate history
Warren C. Platt (1883–1963) started the magazine National Petroleum News in Cleveland, Ohio in 1909. He expanded the business with the publication of the newsletter called Platts Oilgram in 1923, which went on to be recognized as an influential source for petroleum prices. The companies founded by Platt that published prices and news were acquired in 1953 to become part of what was then known as McGraw-Hill group, which was later to become S&P Global. The publication activities that started with petroleum later expanded to cover energy and commodities, which were all undertaken by the division that became known as Platts.
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This entry incorporates text from “S&P Global Energy” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.