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...

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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...

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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...

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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...

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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, ...

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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...

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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...

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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...

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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...

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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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