Crude oil continues to trade in its ‘Triangle’
30th October 2010 by

An unnatural calm continues to dominate crude oil trading. Prices may move up or down by $2/bbl or $...

China’s rural areas key for future chemical demand
28th October 2010 by

In the last of its Budget Outlook analysis, the blog today looks at the major changes underway in Ch...

European consumers focus on people, not things
27th October 2010 by

As promised, the blog is today looking at a key European consumer trend, as part of its Budget Outlo...

US housing enters the New Normal
26th October 2010 by

This is Budget Outlook week in the blog. And for the rest of the week, it is looking at a key issue ...

Global Operating Rates at 2003 levels
25th October 2010 by

The above chart, from the excellent American Chemistry Council (ACC) weekly report, shows how Operat...

Budgeting for Uncertainty
23rd October 2010 by

When elephants fight, those around them need to be cautious. And this is the prospect for 2011-13, a...

Bank of England endorses New Normal
21st October 2010 by

The Bank of England has become the first major central bank to endorse the argument that we are movi...

EU auto sales down 10% in September
20th October 2010 by

EU auto sales were better in September than in either July or August. But ‘better’, of c...

USA aims “to inflate the rest of the world”
19th October 2010 by

If you only read one newspaper article this year on the economic outlook, then the blog would recomm...

Oil “would be $30/bbl” without financial speculators
18th October 2010 by

The blog’s argument that oil prices are now being entirely driven by financial market speculat...

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