Tag Archives | oil prices

Asian Polypropylene: The Recent Past And Immediate Future

If you are interested in my take on Asian polyethylene (PE) and polypropylene (PP) prices and margins going forward 12 months, then contact me at this email address – john.richardson@icis.com. I can then provide you with details on how to …

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Asia Polyethylene: Explaining The Past And Future

By John Richardson

TAKE a look at the above chart and ask yourself this question, “Why is it that the spreads between high-density polyethylene (HDPE) injection grade and naphtha have been so good so far this year?”

The same has …

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Oil Prices: Why We Are Where We Are Today

 

By John Richardson

TWO months ago, when I was delivering a training course, people responded with deep scepticism when I suggested that oil-price stability at around $65 a barrel wouldn’t be sustained during the second half of the year. …

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China And Commodities Prices: The Slow-Motion Train-Wreck

By John Richardson

OIL prices are now in bear-market territory with commodities prices in general at a 13-year low, according to the latest Bloomberg Commodities index which follows 22 different commodities.

Not surprisingly, therefore, the share prices of mining and …

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Oil Markets Return To Supply And Demand Realities

By John Richardson

ONLY a couple of months ago a lot of people seemed confident that oil prices had settled down in the region $60-80 a barrel. At that time, though, in my 13 May seven-point guide to oil markets …

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Margin Upswings Will Be Shorter And Shorter

By John Richardson

A GOOD chart can quite often by worth many thousands of words with the above chart serving as an excellent example.

You can see how in June, scheduled and unscheduled shutdowns of Asia-Pacific ethylene capacity exceeded 6.3m …

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Good Luck Isn’t The Same As Good Planning

By John Richardson

The tail has long wagged the dog in Asia’s polyethylene (PE) market. Whilst the spot merchant ethylene market accounts for only around 5% of the total amount of ethylene that is produced in the region, ethylene spot …

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Pump Oil Hard Now Or Live To Regret Production Cuts

By John Richardson

OIL producers face a very straightforward choice: Pump crude as hard as possible right now or run the risk of your most important economic asset being left in the ground for good.

One of the reasons is …

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Peak Oil? Yes, Absolutely – Peak Oil Demand

By John Richardson

YOU should never bet against the capability of oil investors to turn the world completely upside down.

A great example occurred on Wednesday of last week, as Arthur Berman argues in this excellent Oilprice.com article.

He points …

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Spend Your Supply-Driven Profits On Managing Demand

By John Richardson

IT has been a fantastic few months for Asia’s naphtha cracker industry as the above chart further illustrates. Even in the case of poor old, very heavily commoditised raffia-grade polypropylene (PP), variable cost margins so far this …

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