VIDEO: Low oil prices deal second blow to US economy
Lucas Hall
28-Apr-2020
HOUSTON (ICIS)–Watch Deputy News Editor, Al Greenwood, discuss the impact of low oil prices on the US economy and how this impacts US petrochemical markets.
- Oil among largest industries in US
- Low oil prices weigh on US GDP
- Demand for plastics, chemicals rise/fall with GDP
For more analysis, read Al’s insight on how the collapse in oil prices is impacting the US economy and petrochemical industry.
Visit the ICIS coronavirus topic page for analysis of the impact on chemical markets and links to latest news.
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.