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  • "A fundamental reassessment of the value of every asset"

    "Our normal customers have no orders to place with us, and our credit department won't let us sell to others who might want to buy". The blog was given this plain-spoken assessment of current chemical market conditions by one of the majors yesterday. Coincidentally, US Fed Governor Kevin...
    Posted to ICIS Blogs (Weblog) by Anonymous on 11-08-2008
  • 4 issues driving today’s oil price

    Quietly, oil has moved back to the $100/bbl level . This is quite different from January, when it first hit the magic $100/bbl number. Financial players had jumped on the trend from November as crude rose above $80/bbl, and then wanted to ‘get out at the top’. Their thinking was that a US recession would...
    Posted to ICIS Blogs (Weblog) by Anonymous on 02-21-2008
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