Archives for June 2019
Could petrochemicals be entering a down cycle?
Prices for most petrochemicals have stumbled in the past month, raising new questions about whether the global petrochemical market is potentially entering a down cycle if the softer pricing continues much longer. Over the past...
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Icahn takes another shot at Oxy-Anadarko 'fiasco' in his casino merger
Famed corporate activist Carl Icahn couldn’t help but take another shot at the alleged “fiasco” caused by Houston’s Occidental Petroleum while discussing his deal to help combine two major casino businesses. Source: FuelFix
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Saudi Aramco says it can keep oil flowing if Hormuz disrupted
Saudi Arabian Oil Co. has the experience and infrastructure it needs to keep crude flowing should supply through the Strait of Hormuz be disrupted, according to the chief executive officer of the state-run producer. Source:...
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Oil steadies as Iran tensions mingle with economic concerns
Oil steadied after rallying almost 8% in three days as investors weighed the risks of a supply disruption in the Middle East against concerns over the global economy and demand. Source: FuelFix
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