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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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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