Category: Market Trends
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Oil prices fall as US grants Iran sanction waivers to 8 importers
Oil prices fell on Monday as the start to U.S. sanctions against Iran's fuel exports was softened by waivers that will allow some countries … ›
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Feature: Japanese petrochemical producers not ready to switch to LPG feedstock ‘yet’
Singapore — Japanese petrochemical makers might not seek LPG for cracking purpose at their production units in the short run, despite … ›
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Rising use of plastics to drive oil demand to 2050: IEA
Plastics and other petrochemical products will drive global oil demand to 2050, offsetting slower consumption of motor fuel, the … ›
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Nigeria spends $11bn on petrochemicals import annually Read more at: https://www.vanguardngr.com/2018/10/nigeria-spends-11bn-on-petrochemicals-import-annually/
Managing Director/Chief Executive Officer of Integrated Gas and Energy Services, LLC, Mr. Emmanuel Anyaeto, has disclosed that Nigeria … ›
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Saudi Arabia: Aramco’s IPO Waits to Align With SABIC, Add Value
Saudi Arabia's Minister of Energy, Industry and Mineral Resources Khalid al-Falih has attributed "some delays in Aramco's initial public … ›
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Oil jumps to a 4-year high after OPEC denies Trump and fails to raise output
Oil prices jumped more than 2 percent to a four-year high on Monday. OPEC declined to announce an immediate increase in production despite … ›
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Another major retailer just announced plans to tackle plastic pollution
Roughly 60 million plastic bags will be replaced with environmentally friendly equivalents. All of Co-op's own-brand packaging will "become … ›
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Schlumberger launches new zonal isolation technology
Schlumberger has launched the CemFIT Shield mud-sealing cement system at the Society of Petroleum Engineers Annual Technical Conference and … ›
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Tighter crude oil markets contribute to higher forecast prices
In the September 2018 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) increased the … ›