Middle East war puts players on edge

Davis, Nigel; Gibson, Jane
July 2006
ICIS Chemical Business;7/24/2006, Vol. 1 Issue 29, p17
Trade Publication
The article reports that the escalating conflict in the Middle East has affected the global petrochemicals market in July 2006. Brent crude oil futures rose to a record high of $78.10/barrel on July 17, 2006 amid continued fighting between Israel and Lebanese Hezbollah guerrillas. The concern is with the impact of higher feedstock prices towards the end of the third quarter and the start of a period of traditionally stronger demand.


Related Articles

  • Multiple Factors Lead to EDC Import Downturn. He Rui // China Chemical Reporter;2/16/2007, Vol. 18 Issue 5/6, p26 

    The article reports on the forecast concerning the factors that lead to the downturn import of ethane dichloride (EDC) in China. There are three major factors that lead to the decline in China's EDC imports. These include the price rise of crude oil, the shutting down of the production units of...

  • MOST-READ STORIES ON ICIS news.  // ICIS Chemical Business;11/10/2008, Vol. 274 Issue 18, p8 

    The article presents most-read news briefs, of the journal "ICIS Chemical Business," from October 24-31, 2008. A string of petrochemical trade defaults in Asia shook market confidence to the core, as end-users and traders started reneging on deals. Crude oil prices are set to continue falling,...

  • Global Overview.  // USA Petrochemicals Report;Q4 2010, p9 

    The article presents an overview and forecasts for the global petrochemicals market. Demand for ethylene in 2009 reached 113 millions and is expected to grow around 140 million tonnes by 2015, with the Gulf countries accounting for 20% of production in 2010. An outlook for the global oil product...

  • Eyes focus on aromatics contracts.  // ICIS Chemical Business;6/4/2007, Vol. 2 Issue 69, p40 

    The article reports on the petroleum chemicals markets around the world. Naphtha prices are between $650-655 per ton. In Europe, the bimonthly June-July 2007 ethylene contract has been agreed at €925 per ton. Propylene remains inactive in Europe. According to the author, rising inventories...

  • Are high crude prices about to impact? Hodges, Paul // European Chemical News;9/26/2005, Vol. 83 Issue 2164, p5 

    Presents an outlook for the impact of high oil prices on the petrochemical industry in Europe. Similarity of the possible decline in industrial demand with the 1978-1982 period when oil prices increased and stabilised at higher levels; Estimated percentage of reduction in global growth due to...

  • TOO EARLY TO PREDICT THE MARKET'S DIRECTION. Gibson, Jane // ICIS Chemical Business;1/9/2006, Vol. 1 Issue 1, p35 

    The article examines predictions about the petrochemical markets in 2006. Prediction for Europe from Oxford Economic Forecast is revealed. The implications of shaky European pricing and demand towards the end of 2005 and the stall in Asian pricing in the fourth quarter of 2005 are tackled....

  • Petrochemicals. Sim, Peck Hwee; Westervelt, Robert // Chemical Week;3/31/2004, Vol. 166 Issue 11, p21 

    Discusses the signs of recovery for the global petrochemicals industry as of March 31, 2004. Factors contributing to the improved demand for petrochemicals; Improvement in the market performance of ExxonMobil and Dow Chemical; Competitiveness of petrochemical margins in 2004 despite the...

  • India among key emerging markets for West Asian petrochemicals firms: Study.  // Popular Plastics & Packaging;Dec2012, Vol. 57 Issue 12, p61 

    The article reports on a study by Roland Berger Strategy Consultants, which claims that India is among the most important growth markets for companies from the West Asia. The study assesses the situation across the industry and outlines probable solutions. Increasing oil and gas prices are...

  • Gas exporters look east. Nield, Richard // MEED: Middle East Economic Digest;2/19/2010, Vol. 54 Issue 8, p26 

    The article reports on the increase in gas demand and prices worldwide. It shows that liquefied natural gas (LNG) producers were banking on Europe and the U.S. to buy their gas as domestic production continue to decline. It also indicates that the collapse in U.S. demand for LNG has been...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics