Oil prices began to fall midway through 2014 and show no signs of a swift recovery. This papaer examines the potential impact of low prices on the Latin American petrochemicals market.
Falling oil prices have had a profound impact upon the global economy. WTI crude oil is trading around $45 per barrel - less than half of the $110 at which prices remained relatively stable between 2010 and 2014. And though we cannot be certain of what the future holds, the expectation is that low prices are here to stay - at least until the end of the decade.
Download this whitepaper to find out the potential impact of low prices on the Latin American petrochemicals market.