Helping you navigate the new normal since 2001
It is hard to accept the IEA’s belief that petchems can drive future oil market growth. Demographics mean that global petchem demand is probably already close to peaking. And ethane is an increasingly competitive alternative to high-priced oil and naphtha
Wishful thinking prompts IEA’s belief that petchems can drive oil demand growth Read More
Geopolitics have now replaced economics as the key driver for decisions. We are going back to the world of the Cold War before the fall of the Berlin Wall in 1989. It seems likely to be a very bumpy ride.
Chemicals hit as Trump’s Tariff War becomes a Trade War Read More
Commodity prices tend to go from boom to bust, and back again. The reason is that it takes years to build new capacity. Yet market conditions can change in months. So it would be no surprise at all if US natural gas markets now move back into another boom, and help to set off another round of inflation. .
US natural gas prices surge as La Niña replaces El Niño Read More
Future Winners in today’s New Normal world will be those companies that realise that the key question is no longer, “Do we have low-cost supply?” It is instead “Do we have a customer who is willing and able to buy from us”.
Risks rise for petrochemical producers as trade tensions mount Read More