OPEC’s high prices have accelerated move away from oil to gas
10th December 2014 by

Does OPEC have a future?  Or has it already disappeared as an effective force in oil markets?  I ...

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OPEC faces New Normal dilemma as oil demand slows
16th October 2014 by

Yesterday’s post described how OPEC oil producers are seeing their export sales to the US st...

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Oil prices fall as West, Saudi, pressure Iran
23rd June 2012 by

Oil markets have weakened significantly since they fell out of their major ‘triangle’ fo...

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Oil slips back into the triangle, as QE3 is postponed
12th April 2012 by

Remarkably, crude oil prices are continuing to trade in their triangle formation. As the chart shows...

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China’s PE market down 2.5% in H1
3rd August 2011 by

China’s surging demand led the chemical world out of recession and into boom territory. Its 53...

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Oil markets prepare for post-QE2 world
20th April 2011 by

The decision by S&P, the ratings agency, to put the USA’s AAA debt rating on review is a p...

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High oil prices, financial speculation, worry IEA
3rd March 2011 by

The IEA (International Energy Agency) is now very worried about the impact of today’s high oil...

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China tightens lending: Saudi may pump more oil
25th January 2011 by

Recent days have seen some signs that the tectonic plates under current chemical and polymer markets...

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Shell sees “supply revolution” in natural gas
13th October 2010 by

Natural gas markets, so important in relation to chemical feedstock availability and pricing, are un...

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Oil prices continue to plateau
9th September 2009 by

Last year, OPEC meetings led to newspaper headlines. But today’s session in Vienna seems to ha...

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