Archives for April 2018
Analysts say trade war could hurt U.S. petrochemicals boom
The escalating trade dispute between the U.S. and China could hinder a global boom in petrochemicals production largely centered on cheap natural gas liquids from American shale fields, according to an analysis by IHS Markit....
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OPEC political crises threaten to double its million-barrel Cut
The deal OPEC struck in 2016 to clear a global glut by halting a significant chunk of oil production took almost a year of bargaining and brinkmanship. By year-end, the group may have lost the...
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Crude surges as Xi allays trade war fears, Saudis seek $80 oil
Oil jumped to the highest since 2014 as China struck a conciliatory tone on trade and Saudi Arabia was said to seek higher prices. Source: FuelFix
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