“They may ring their bells now, before long they will be wringing their hands”
15th March 2020 by

The wisdom of Sir Robert Walpole, the UK’s first premier, seems the only possible response to ...

Stormy weather ahead for chemicals
24th March 2019 by

Four serious challenges are on the horizon for the global petrochemical industry as I describe in my...

Futures markets, US shale, the big winners from OPEC meeting
7th December 2016 by

There were only two winners from the past 3 months of OPEC’s “Will they?, Won’t th...

Global GDP saw record fall in 2015 – new IMF data
20th April 2016 by

New data from the International Monetary Fund confirms that last year’s collapse in global GDP...

Oil heads to $30/bbl as Great Unwinding reaches 1st anniversary
17th August 2015 by

Global markets are becoming ever more complex as the Great Unwinding of stimulus policies continues....

Investors worry US ethylene expansions mimic mining downturn
29th July 2015 by

I spent most of last week in New York and Boston, meeting with major investors.  One key topic on a...

Iran deal highlights “massively oversupplied” oil market
14th July 2015 by

The oil market was the first to feel the impact of the Great Unwinding of policymaker stimulus near...

H1 sees worst-ever number of chemical plant force majeures
8th July 2015 by

The first half of 2015 was the worst half-year for force majeures in the chemical industry since rel...

Oil markets begin to slide as Great Unwinding resumes
7th July 2015 by

Oil prices have fallen around $5/bbl, since my suggestion last week that a “New oil price fall...

New oil price fall is matter of “when”, not “if”, as inventory builds
30th June 2015 by

Financial players have become convinced in recent months that the oil price will rise.  And so far,...

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