Oil prices near Q2 2008’s record level
2nd April 2012 by

Finally, and far too late, policy makers are waking up to the damage that today’s high oil pri...

Petchems ‘sailing towards a storm’
26th March 2012 by

Q1 should have been a strong quarter for global petchem demand: • Buyers had to restock in the New...

Financial and petchem markets differ on the outlook
19th March 2012 by

“Two roads diverged in a yellow wood,And sorry I could not travel both“ The opening of R...

Benzene, PTA warn new downturn may be close
12th March 2012 by

As regular readers know, the blog regards benzene as an excellent leading indicator for petchem mark...

Markets wait for oil price lead
5th March 2012 by

The March IeC Boom/Gloom Index confirms the blog’s sense that markets are sitting on a fence, ...

Demand declines as Federal Reserve fuels oil price rise
27th February 2012 by

The Wall Street Journal carried an interesting opinion piece on Friday, assessing current market con...

Déjà vu all over again in petchem markets
20th February 2012 by

This time last year, the petchem industry stood on the edge of an unseen precipice. Life seemed good...

IEA forecasts show high oil prices destroy demand
13th February 2012 by

Over the past 18 months, the main investment analysts have argued that high oil prices would have no...

Financial markets jump, but petchems remain slow
6th February 2012 by

Dow Chemical is usually optimistic. 6 months ago, for example, it reported that “our transform...

Markets wait to see what happens next
30th January 2012 by

‘Would you buy, or would you sell?’ is always an interesting question in any market. Pet...

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