What does the blog post suggest about oil and product pricing trends in the second half of the year?

The blog post states that 'Major Upside Risks Remain for Oil and Product Pricing in H2', indicating that prices are likely to rise due to factors such as declining inventories, with the next few weeks potentially beginning to reflect this impact.

Who is the author of the blog post, and what is their professional affiliation?

The author is Paul Hodges, who is identified as the chairman of consultants New Normal Consulting; the blog post is published on ICIS's 'Chemicals & The Economy' platform and is explicitly labeled as an opinion piece reflecting his personal views, not those of ICIS.

Major Upside Risks Remain for Oil and Product Pricing in H2

Jul 6, 2026

Paul Hodges of New Normal Consulting warns of major upside risks for oil and product pricing in H2 due to declining inventories, though the analysis is presented as an opinion piece.

icis

2026-07-06

Major Upside Risks Remain for Oil and Product Pricing in H2

Major Upside Risks Remain for Oil and Product Pricing in H2

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