Entries from Asian Chemical Connections tagged with 'oil storage'
We are heading for $45 a barrel crude this year
SWIMMING IN OIL? Source of Picture: fashionfunky.com The threat posed by Iran test-firing its Shahab-3 missiles and a rally in US equities on increased M& activity in the drug and technology industries pushed crude slightly higher yesterday...
Taking Back Control Of Crude Markets
Goldman Sachs is talking about crude oil at $85 a barrel by the end of the year. Sound familiar? Not quite forecasts of $200 a barrel, but is there a danger of repeating the mistake that the James A...
Chemicals company H2 complacency?
Chemical companies as a whole displayed "dangerously complacent" views about second-half 2009 prospects when they released their Q2 results late last week, argues chemicals analyst Paul Satchell in his blog. "They believe that demand has bottomed. Although they can't...
China polyethylene inventories are high
A Mars Bar feast in store if crude hits $30/bbl again Source of Picture: Amazon.com Polyethylene (PE) inventories in China at the second and third local distributor levels are at very high levels, two...
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