Entries from Chemicals & The Economy tagged with 'oil markets'
Oil slips back into the triangle, as QE3 is postponed
Remarkably, crude oil prices are continuing to trade in their triangle formation. As the chart shows, they tried to break out higher in recent weeks. But there was no follow-through. The high-frequency traders were clearly hoping the US Federal Reserve...
European olefins move to monthly pricing
The blog warmly welcomes the move by players in the European olefins market to re-engage with monthly pricing. The rationale for its support is based upon the conclusion of the major report that International eChem produced 3 years ago, Pricing...
OPEC output, Chinese oil demand, hit records
OPEC's oil output hit an all-time record in July at 32.8Mbd, due to higher volumes from Saudi and Iran. The Saudi increase to 9.55Mbd was in line with their pledge at the Jeddah summit in June to raise output to...
A new 'North-South dialogue'
I've read several reports on the outcome of the Jeddah oil 'summit', and still feel no wiser than last week:...
OPEC and the IEA
The war of words between OPEC (the oil producers’ club) and the International Energy Agency (the rich countries energy watchdog), has intensified this week, ahead of the next OPEC Ministerial meeting scheduled for 11 September. Claude Mandil, director general of...
Feed Subscription
If you use an RSS reader, you can subscribe to a feed of all future entries tagged 'oil markets'. [What is this?]
