20 articles
At the APPEC conference, industry leaders anticipate long-term supply constraints due to Middle East conflicts, shifting the oil market from short-term shocks to chronic shortages. S&P Global forecast
S&P Global Ratings upgraded PTT Global Chemical's outlook to positive, citing expected earnings growth and lower feedstock costs. The company is also studying a joint venture with SCG Chemicals to con
S&P Global reports US business activity accelerated in August driven by the services sector, while manufacturing slowed due to supply disruptions in key commodities and higher energy prices linked to
Eurozone manufacturing output hit a 54-month high in August, driven largely by Germany, Europe's largest chemicals producer. S&P Global reported a composite PMI rise to 52.1, signaling robust third-qu
S&P Global reports that critically low Rhine River water levels are restricting naphtha and LPG transport, forcing German petrochemical plants to cut production due to feedstock shortages and cooling
U.S. services sector accelerated in July while manufacturing slowed amid Middle East tensions. Rising oil prices and supply chain delays pose risks to future growth despite strong Q3 start.
US-Iran tensions reduced tanker transits through the Strait of Hormuz, leading to increased LNG floating storage in the Gulf. S&P Global data indicates nearly eight days' worth of exports currently wa
S&P Global reports that geopolitical tensions from the Iran war are accelerating investments in US LNG export infrastructure to ensure energy security. US LNG capacity is expected to grow significantl
S&P Global US Manufacturing PMI rose to 53.9 in June, driven by higher output and new orders. However, employment fell sharply as firms faced rising energy and raw material costs.
Marine fuel sales at UAE's Fujairah port reached a record low in May as Middle East tensions constrained shipments. Low-sulphur bunker sales dropped 27% month-on-month to 65,120 cubic metres per S&P G
South Africa's Treasury launched a sustainable finance framework to raise $228 billion for green projects like hydrogen and bioenergy. The plan targets decarbonization despite challenges from high coa
US manufacturing activity hit a four-year high in May with a PMI of 55.3, as firms built safety stocks amid supply chain disruptions affecting fertilizers and aluminum. Input prices surged to multi-ye
S&P Global upgraded Nigeria's credit rating to B, citing higher oil prices and structural reforms. The move highlights the economy's reliance on crude exports while noting risks from Middle East confl
UK firms imposed fuel surcharges as raw material and energy costs soared, with S&P Global's PMI showing six in ten companies facing higher input burdens. Output price inflation reached its highest lev
S&P Global Energy reduced its 2026 global oil demand forecast by 700,000 barrels per day due to U.S.-Iran war disruptions. The conflict significantly impacts Middle Eastern and Asian demand growth and
S&P Global reports US Gulf demand weakness drives American crude exports to Asia, while US-Venezuela deals shift heavy crude supply. Major Asian refiners in Korea, Japan, and Thailand are increasing i
S&P Global forecasts the global specialty chemicals market to sustain growth with a 3% CAGR through 2030, driven by electronic chemicals expanding at 7%. China is projected to remain the largest consu
S&P Global forecasts propylene oversupply and weak demand will persist through 2026, causing global price declines and squeezing producer profits across Europe, North America, and Asia.
Analysts forecast 2026 LPG prices will decline due to increased supply from Saudi Arabia and the US against weak Asian demand. S&P Global data confirms 2025 price drops, leaving the market buyer-domin
S&P Global's 2026 outlook highlights structural differentiation in global energy and chemical sectors driven by AI, energy transition, and geopolitics. It notes shifting supply chains for propane, PVC
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