RIYADH: The International Energy Agency has reduced its forecast for global oil demand growth in 2025, warning that a slowing […]
IEA cuts 2025 oil demand forecast amid signs of global slowdown Read More »
The Thai delegation, lead by Finance Minister Pichai Chunhavajira, will meet with US officials next week to discuss ways to
Finance Minister-led delegation to negotiate US trade impact Read More »
OPEC has reduced its prediction for global oil demand growth in 2025, citing rising trade tensions and weaker-than-expected economic data.
OPEC lowers 2025 oil demand forecast due to trade tensions Read More »
Despite decreased naphtha prices, ethylene prices in Asia dropped on Wednesday.Prices decreased despite slow buying activity in the region.Ethylene prices
Ethylene prices drop in Asia Read More »
Chinese petrochemical businesses may dramatically reduce output and shut down for maintenance in the coming weeks as Beijing’s retaliatory tariffs
Many Chinese petrochemical plants may close due to retaliatory taxes on US LNG Read More »
The board of directors of Deepak Chem (DCTL), a Deepak subsidiary, has approved a project to increase phenol, acetone, and
India’s Deepak to increase phenol, acetone, and IPA output. Read More »
Propylene prices in Asia fell on Tuesday of this week.Prices have dipped marginally due to decreased crude oil prices and
Propylene prices in Asia are falling Read More »
China and the European Union have discussed strengthening economic and trade cooperation in response to US tariffs, the Chinese Commerce
China and the EU debate trade in reaction to the United States’ aggressive tariffs. Read More »
US President Donald Trump announced on Wednesday that he would freeze several of his new tariffs for 90 days, despite
Stocks jump following the announcement of a 90-day freeze in most countries. Read More »
Saudi Aramco, China Petroleum & Chemical Corporation (Sinopec), and Yanbu Aramco Sinopec Refining Company (Yasref) have signed a venture framework
Saudi Aramco and Sinopec move ahead with petrochemical expansion at Yasref. Read More »