Oil Prices Break $130 As EU And U.S. Allies Consider Ban On Russian Crude

7 Mar 22

The United States has confirmed that it is in talks with European allies to potentially sanction Russian crude oil in response to Moscow's ongoing aggression in Ukraine, sending oil prices briefly above $130.

Deep Asia LPG-naphtha discount whets crackers' appetite for cheaper feedstock

6 Mar 22

WikiPlast: discount to naphtha in Asia has reached the widest level in three years and nine months, prompting more North Asian petrochemical producers to consider using propane or butane as an alternate feedstock to help support olefin margins, traders said March 3.

ADNOC in alliance with Proman to develop UAE’s first world-scale methanol plant

5 Mar 22

The Abu Dhabi National Oil Company, or ADNOC, has agreed an alliance with natural gas producer Proman to develop UAE’s first 'world-scale' methanol production facility.

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