By John Richardson TRADERS lucky enough to be holding long positions in PE ahead of the 14 September drone attack on Saudi oil and gas facilities want everyone to believe that this has changed everything. They will tell you over and over again, if you’re prepared to listen, that the resulting reduction in ethane supply […]
Asian Chemical Connections
Drone attack on Saudi oil facilities: Substantial investment required to avoid a repeat
The views expressed below are personal and do not express the views of ICIS Here is a another blog post by our guest blogger, Chris Parry (CBE). Chris, a former Rear Admiral in the British Royal Navy, is now a strategic forecaster and risk expert. He is the founding chair of the UK’s Marine Management […]
Global Economy Is Less Able To Withstand A New Oil Price Shock
By John Richardson HISTORY has a tendency to move very slowly, inching forward incrementally, and then all of a sudden a flurry of events over an incredibly short space of time can change everything. This is where we are today. Oil prices had been creeping up long before the 4 November launch of the anti-corruption […]
Polyolefins – A Ripple In A Teacup
By John Richardson THIS might amount to a little more than a ripple in a teacup if the Middle East crisis brings the global economy down (as we said on Monday, crude could go to $220 a barrel if the crisis spreads to Algeria. Equity and oil markets were jittery yesterday on the belief that […]
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