04:49 PM @ 06/01/2023
Oil prices rose as much as $1 on Friday, extending gains from the previous session, supported by hopes of a China demand boost and after data showed lower U.S. fuel inventories following a winter storm that hit at the end of the year.SEE MORE04:41 PM @ 06/01/2023
The US recycled polyethylene (R-PE) market will continue to show diverging market trends in 2023, depending on the recycled resin grade. Sustainability-driven demand for material such as post-consumer, natural coloured recycled high-density polyethylene (R-HDPE) or recycled low-density polyethylene (R-LDPE) will continue to be robust as companies make progress against regulatory and voluntary post-consumer recycled (PCR) content targets.SEE MORE04:21 PM @ 06/01/2023
Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut on Russian supplies last month, trade sources and data show.SEE MORE03:42 PM @ 06/01/2023
President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from February 1 for five months to nations that abide by the cap.SEE MORE02:47 PM @ 06/01/2023
European chemical producers are entering the new year facing a “tsunami” of new regulations, according to the head of the European Association of Chemicals Distributors (FECC) Dorothee Arns.SEE MORE
