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Iraq urges output cuts as export disruptions trigger force majeure
Iraq has advised international oil companies to reduce production at the fields they operate, declaring force majeure due to ongoing disruptions to crude exports from the country’s southern region. Th...
Rising LNG prices raise demand concerns for US export sector
A sharp surge in LNG prices בעקבות the ongoing conflict involving Iran is raising concerns among US export project developers about the risk of future demand destruction if buyers lose confidence in t...
Iran strike could cut 17% of Qatar LNG capacity for years, deepening energy concerns
Iranian strikes on Qatar’s Ras Laffan Industrial City may remove around 17% of QatarEnergy’s LNG export capacity for three to five years, significantly intensifying concerns in global energy markets. ...
PVC markets surge globally as indirect supply shocks outweigh limited Middle East exposure
Global PVC markets have recorded sharp price increases in recent weeks, despite having limited direct reliance on Middle Eastern exports. While the broader energy and petrochemical complex—including c...
LDPE spot prices surge toward €1700/ton in Western Europe as supply tightens
Spot LDPE prices in Italy and across Western Europe are approaching the €1700/ton FD level, driven by worsening supply constraints and increasingly aggressive seller strategies. Prices have now reache...
Taiwanese PVC supplier releases April India offers as key benchmark player delays pricing
A smaller Taiwanese producer has announced its April 2026 shipment offers for suspension PVC to India, while the island’s major benchmark supplier has yet to disclose its pricing for the mont The prod...
India’s chemical sector poised to reach $255 billion as growth momentum builds
India’s chemical industry is projected to expand to $239–255 billion over the next five to six years, growing at an annual rate of 8–9%, according to a report by McKinsey & Company. The sector is expe...
USD/INR strengthens as dollar rises to 93.15 against rupee
The US dollar strengthened against the Indian rupee on March 19, with the exchange rate reaching 93.15, reflecting continued pressure on the domestic currency amid firm global dollar demand. According...
$200 oil scenario gains traction as Middle East supply disruptions deepen
What once seemed unthinkable—oil prices reaching $200 per barrel—is now being considered a realistic possibility by some market participants, as severe supply disruptions in the Middle East reshape th...