Category: Price, Inflation, Shortages.& Tariffs
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India Targets $1 Trillion Chemicals Industry by 2040
India targets a $1 trillion chemicals industry by 2040, investing in chemical parks, infrastructure and manufacturing to accelerate industrial growth.
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Syria Could Become a Major Player in Middle East Oil and Gas
Syria attracts international energy investment, seeking to revive oil production and become a strategic alternative to the Strait of Hormuz.
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Trump Pushes for More Diesel as US Prices Top $6
Trump urges refiners to increase diesel production as US prices surpass $6 per gallon, but supply relief faces significant delays.
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Oil Prices Can Fall $38 in One Day
On March 9, 2026, WTI crude oil experienced a historic $38 intraday price swing, demonstrating how dramatically prices can fluctuate.
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UK Oil Industry Urges Government to Unlock New North Sea Projects
North Sea industry leaders urge the UK government to approve more drilling projects, potentially unlocking £50 billion in energy investment.
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Nigerian Unions Issue Ultimatum for Petrol Price Reduction
Nigeria’s labour unions demand lower petrol prices, threatening further action as fuel costs rise and household purchasing power deteriorates.
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Goldman Sachs Predicts Brent Oil at $80 in 2027
Goldman Sachs expects Brent crude to average $80 per barrel in 2027 as Middle Eastern oil supplies recover. The bank…
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Oil Flows Through Strait of Hormuz Recover to 80%
Oil flows through Hormuz recover to 80% of pre-war levels, while Washington seeks additional diesel supplies to stabilize markets.
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China Reports Overnight Petrochemical Production Disruptions
Chinese chemical producers report plant outages and planned maintenance, raising concerns about supply disruptions across several important industrial chemical markets.
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Türkiye Could Soon Announce New Oil Discovery at Gabar
Türkiye anticipates a new oil discovery at Gabar as exploration expands and the country seeks greater energy independence.
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Trump Allows India to Keep Buying Cheaper Russian Oil
Trump waives tariffs on Russian oil buyers, allowing India to maintain cheaper imports despite rising global crude prices and shipping…
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Brent Crude Could Reach $120
Brent crude could reach $120 as Iranian shipping attacks, Ukrainian refinery strikes and escalating geopolitical tensions threaten global oil supplies.
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Oil prices surge toward $110 a barrel
It’s going to be a cold and expensive winter in Europe Source https://en.mehrnews.com/news/248671/Oil-prices-surge-toward-110-a-barrel
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Could a Dollar Agreement Bring Brent Oil Down to $77?
Could a coordinated dollar agreement between the United States, Russia and Saudi Arabia strengthen the dollar, increase global oil supplies…
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Oil Prices Fall Despite Attacks in the Strait of Hormuz
Oil prices fall despite Middle Eastern tensions as Washington considers easing tanker sanctions and increased production reduces global supply concerns.
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Trump Considers Easing Oil Tanker Sanctions as Prices Fall
Trump considers relaxing sanctions on oil tankers to ease shipping shortages, reduce transport costs and bring down global oil prices.
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UAE Oil Production Hits Record High After Leaving OPEC
UAE oil production reaches record levels after leaving OPEC, despite regional conflict and ongoing disruptions to Middle Eastern shipping routes.
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IEA Warns Global Diesel Shortages Could Continue into 2027
The IEA warns diesel supplies may remain tight through 2027 as disrupted Russian and Middle Eastern exports drain inventories worldwide.
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Saudi Arabia Promises Stable Oil Exports
Saudi Arabia pledges uninterrupted oil exports despite Houthi missile attacks, as escalating regional tensions fuel uncertainty and global oil volatility.
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Plastic Prices Rise as European Buyers Hold Back
Description (20 words): European polystyrene and ABS producers are pushing through price increases amid higher feedstock costs, but weak demand…
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OPEC Slashes 2026 Oil Demand Growth Forecast by 71%
OPEC cuts its 2026 oil demand growth forecast by 71%, reflecting weaker consumption while expecting a recovery in 2027.
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Oil Prices Fall as Russian Diesel Returns to Global Markets
Oil prices decline as Russian diesel returns to global markets, potentially easing fuel shortages despite continuing Middle East supply risks.
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Trump Pushes Ukraine to Stop Attacking Russian Oil Refineries
Trump pressures Zelensky to stop bombing Russian refineries, hoping to lower fuel prices, but Russia has not accepted the ceasefire.
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US Benzene Prices Remain Uncertain
US benzene contract uncertainty is disrupting chemical markets, delaying purchases as buyers rely on inventories while awaiting clearer pricing agreements.
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Trump Asks Zelensky to Stop Sabotaging the Oil Market
Trump demands an end to Ukrainian strikes on Russian refineries, blaming them for rising diesel prices and threatening further consequences.
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Oil Prices Fall Following Trump’s Statement on Iran
Oil prices fall after Trump eases fears of an attack on Iran, while Middle East tensions continue threatening global supplies.
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Iraq Earns $5 Billion a Month from Oil Exports
Iraq generates up to $5 billion monthly from oil exports, maintaining strong revenues despite regional tensions and disruptions to production.
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Nigeria Announces 30-Day Fuel Price Discount
Nigeria announces a 30-day fuel discount through state-owned NNPC to ease rising petrol prices and provide temporary relief to consumers.
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Major OPEC producers are cutting crude oil prices
Major OPEC producers are cutting crude oil prices to win back customers, increasing competition and potentially pushing global prices down.
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ENI Caps Petrol and Diesel Prices to Charm Meloni
Eni caps petrol and diesel prices in Italy, raising questions over whether affordability policy also serves a political charm offensive.
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Oil Companies Are Making a Historic Pricing Mistake
High gasoline and diesel prices risk angering US voters and creating political trouble for the oil industry ahead of November’s…
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Middle East Oil Flows Recover to 80% of Pre-War Levels
Middle East oil transport has recovered to 80% of pre-war levels, easing supply concerns while regional shipping risks remain.
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South Korea Sends Fuel to help Russia
Russia is not importing crude oil from South Korea, but refined petroleum products. The imports followed Ukrainian strikes that disrupted…
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EIA Raises Oil Price Forecast
EIA raises its oil price forecast as Middle East disruptions tighten global supplies, drain inventories and push Brent expectations higher.
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China Turns to Iraqi Oil as Iranian Supplies Collapse
Chinese refiners turn to Iraqi and Qatari crude as Iranian supplies fall sharply, tightening margins and reshaping Asia’s oil trade.
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World Burns Through Its Oil Safety Buffer
Global oil inventories are shrinking rapidly, leaving the market increasingly vulnerable to fresh supply disruptions, geopolitical shocks and refinery shortages.
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Aramco: Global Oil Inventories Could Take 2 Years to Recover
Aramco warns global crude and fuel inventories could take two years to recover as supply disruptions continue tightening energy markets.
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Trump: Ukraine Is Responsible for Expensive U.S. Fuel
Trump points the finger at Ukraine, blaming refinery attacks on Russia for pushing up fuel prices and inflation across energy…
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EU and Ukraine undermine efforts to normalise oil market
Ukraine says its strikes have affected facilities representing 51% of Russian refining capacity, disrupting operations and increasing pressure on fuel…
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EU faces gas shortages
Gazprom warns Europe faces a difficult autumn-winter season as gas supply risks, storage levels and geopolitical uncertainty continue to weigh.
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Saudi Aramco Cuts Oil Prices
Saudi Aramco cuts Asian crude prices to a six-year low as regional oil flows recover and supply conditions improve.
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Middle East Oil Exports Are Returning to Normal
Middle East oil exports are returning toward normal levels despite tanker attacks, shipping risks and persistently high logistics costs.
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EU’s Inflation Nightmare Is Back
Eurozone inflation hit a three-year high in September as energy prices surged, increasing pressure on the ECB to raise interest…
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Trump Puts France and Germany Under Pressure Over Diesel
Trump pressures France and Germany over diesel reserves, exposing Europe’s energy vulnerability and the declining leverage of its biggest economies.
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India buys Cheap Iraqi Crude
India secures deeply discounted Iraqi crude as regional disruptions reshape oil flows and create unusually attractive buying opportunities for Asian…
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Biofuels Are Cannibalizing Bioplastics
EU biofuel mandates are driving up renewable feedstock prices, squeezing bioplastics producers and intensifying competition for scarce bio-based raw materials.
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Middle East Tensions Boost European Chemical Distributors
Middle East tensions are lifting European chemical distributors’ margins as customers pay premiums for reliable supply amid ongoing geopolitical uncertainty.
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Oil, Chemicals and Plastics on the Trump–Xi Agenda
Trump–Xi talks could reshape oil, chemicals and plastics through tariffs, Iranian crude, industrial overcapacity, critical minerals and supply-chain restrictions.
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The World Is Running Out of Oil Tankers
A global shortage of supertankers is driving freight costs higher, making long-distance crude shipments more expensive and squeezing refinery margins…
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McKinsey Report: Energy Security
A short summary of the McKinsey report on the Hormuz crisis and its impact on global energy security.
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The Price of Oil Is Hitting India Hard
India’s oil import bill jumped 48% despite lower volumes, as higher crude prices, tighter supplies and soaring freight costs hit…
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OPEC’s 2026 Oil Growth Forecast Is Evaporating
OPEC has slashed its 2026 oil demand growth forecast by 73%, raising questions about whether global demand could soon decline.
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Lotte Stops South Korea PET Recycling Project
Lotte cancels its planned PET chemical recycling plant, raising questions over whether industry confidence in advanced recycling is beginning to…
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Ineos Stops Production in the UK
Ineos halts UK production as soaring gas costs deepen Europe’s industrial crisis, prompting a satirical swipe at government economic policy.
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Belgium’s Gas Supply Falls
Belgium enters winter with lower gas arrivals as Ukraine continues disrupting the energy infrastructure Europe once relied on.
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Saudi Arabia’s Biggest Oil Pipeline Hit
Saudi Arabia’s largest oil pipeline was reportedly damaged by a drone attack, disrupting Red Sea exports and pressuring global oil…
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Was There Insider Trading in the Oil Futures Market?
Suspicious oil trades before a major Trump announcement raised insider-trading concerns, prompting scrutiny of who knew what, and when.
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Oil Prices Triple Depending on Location
Oil prices are diverging sharply worldwide as shipping disruptions make geography increasingly important, creating huge premiums and discounts between crude…
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Trump vs China: The Oil Price War
Trump’s Iran strategy may squeeze China’s oil lifelines, boost American crude, and push Beijing into an even tighter energy alliance…
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EU Blames China for the Collapse of Its Chemical and Plastics Industry
Europe blames China for its industrial decline, but Brussels may need to confront how much of the damage is self-inflicted.
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EU May Limit Cheap Chemical and Plastic Imports
EU countries are considering limits on cheap chemical and plastic imports to protect struggling European producers.
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Canada-US Trade War Reaches Plastics
Canada’s retaliatory tariffs now extend to selected U.S. plastic products, potentially reshaping sourcing, costs and cross-border supply chains.
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Oil Shock Sends Plastic Prices Higher
Oil’s surge toward $100 is lifting Chinese plastics and petrochemical prices, raising fears of higher costs across global supply chains.
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Goldman Sachs Warns of $120 Oil
Goldman Sachs warns intensifying Middle East shipping attacks could push oil prices toward $120 per barrel amid severe supply disruption…
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China Turns to Russian Oil as Middle East Supplies Tighten
China’s growing purchases of Russian oil could raise costs for smaller refiners and affect plastics production.
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The Naphtha Crunch Behind Asia’s Plastics Crisis
Rising naphtha costs are squeezing Asian plastics producers, worsening margins and exposing the region’s dependence on volatile petrochemical feedstocks.
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Plastic Giant Braskem Drowns in $11 Billion Debt
Mounting debt, cheaper imports and shrinking market share are pushing one of Latin America’s largest petrochemical producers into financial restructuring.
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US Builds the Next Oil Route While Europe Destroys the Old One
Sometimes the difference between American and European strategic thinking can be summed up in a pipeline.
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The Albanian oil scandal
Albania produces oil. So why are Albanians paying more than €2 a litre at the pump—and where does the country’s…
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How China Took One for the Team to Keep Oil Markets Stable
China’s Lower Oil Imports Helped Stabilize the Global Market
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India Signals a New Era in Global Crude Procurement
India’s state-owned Mangalore Refinery and Petrochemicals Ltd. (MRPL) has become the country’s first refiner to formally instruct crude oil suppliers…
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Exxon warns for increasing oil prices
Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
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The Strait of Hormuz Blockade and American Strategic Interests
The recurring instability in the Strait of Hormuz often appears to harm global markets, but it can also create strategic…
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BASF to increase prices for additives in plastic applications
Source BASF to further increase prices for additives in plastic applications
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Biden’s stake in the Russian Ukraine conflict (Video Doc)
Watch View this post on Instagram A post shared by Kapitol.ai (@kapitolai) Personal Remarks Some politicians from the old guard,…
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European Commission Releases Videos to Prepare for Energy Crisis
The European Commission has released several videos to help EU citizens prepare for the upcoming energy crisis.
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EU politicians have no brains according to Putin (Video)
Putin is right on this one. Europe has no shortage of politicians, yet we still seem to take every possible…
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Greta Thunberg asks to stop oil embargo on Cuba
In March 2026, Greta Thunberg publicly demanded that the United States end its oil blockade and economic embargo on Cuba. She…
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TotalEnergies CEO causes oil market crash
Watch the clip Satirical Note Relax, it’s a joke. In the middle of the ongoing energy crisis — fueled by…
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BlackRock CEO warns of global recession if oil price hits $150
Personal Remarks A spike to $300 per barrel would trigger an immediate and total collapse of the EU. Europe is…
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Shell CEO: Energy shortage to hit EU in April
Personal Remarks EU citizens are about to foot the bill for the bloc’s ‘masterclass’ in geopolitics. Source Energy shortages in…
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Has the largest US oil refinery been sabotaged?
Personal Remarks What a bloody coincidence? Meanwhile, EU “care bear” politicians are busy meeting, consulting, drafting regulations, raising taxes, and…
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Ukraine bombs oil and gas infrastructure supplying Europe
The port of Primorsk is Russia’s largest oil export terminal on the Baltic Sea, acting as the endpoint for the…
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Von der Leyen unveils ultimate solution to energy crisis
The Commission president floated a €30 billion “ETS investment booster” to help industry decarbonize. Personal remarks If you still haven’t…
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Energy Countdown has started for Belgium
Damage to a major gas production facility could take five years to repair, QatarEnergy’s CEO told Reuters. Europe’s insistence that…
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Greenland given to Trump if oil prices rises
Let’s play a completely hypothetical (and definitely not alarming) game: what would it take for Europe to hand over Greenland…
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Oil may reach 200$ /Barrel
Source Could oil hit $200 a barrel? Analysts no longer think it is far-fetched
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Japan selects US as primary oil and energy supplier
Japan recently solidified its energy security by signing $56 billion in deals with the U.S. for oil, gas, and LNG. Finalized at the…
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Day One as Energy Advisor to the US Government
This is satire. Relax. It’s the sequel to this article: Day One as Energy Advisor to the European Commission Imagine…
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Oman Oil storage destroyed by drones (Videos)
A wave of drone strikes struck oil storage tanks at the Port of Salalah in southern Oman on Wednesday, setting…
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Day One as Energy Advisor to the European Commission
This is satire. Relax. Imagine that the European Commission, in a moment of pure desperation during the current geopolitical energy…
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Russia – EU Gas supply becomes a game of poker
I monitor all news related to the war in Iran that could affect oil prices.
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Terrorist attack targeting US Embassy in Oslo
I monitor all news related to the war in Iran that could affect oil prices.
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Iraq (Basra) oil infrastructure destroyed (Video)
Watch View this post on Instagram A post shared by Danyal Alam (@global_military_forum)
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Goldman Sachs Analysis of Oil Market Impact from Iran Conflict
Oil jumped following US and Israeli strikes in Iran. Brent oil, the international benchmark, rose to $88 on Thursday, up…
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France is first EU country to be hit by fuel shortage
Watch View this post on Instagram A post shared by @_fthis_jobmarket
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WTO ruling on EU tariffs shows pattern of discrimination against Indonesian palm
https://www.indonesiapalmoilfacts.com/gapki-wto-ruling-on-eu-tariffs-shows-pattern-of-discrimination-against-indonesian-palm
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China Announces Additional 90 Day Suspension of Tariffs on US Goods




