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South Korean petchem firms boost cheaper LPG use, raise output | Hellenic Shipping News Worldwide

South Korean petchem firms boost cheaper LPG use, raise output | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Analysis-Global oil markets weaken as sluggish demand leaves overhang

Global physical crude oil markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move that could spell further weakness for benchmark crude futures. The weakness indicates high interest rates and inflation are depressing consumer and industrial demand, especially in Europe, at a time when supply is rising from non-OPEC producers such as the United States. Demand from refiners is soft, even though their crude intake capacity has increased with the end of springtime maintenance.

Global oil markets weaken as sluggish demand leaves overhang

Global physical crude oil markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move that could spell further weakness for benchmark crude.

Analysis-Global Oil Markets Weaken as Sluggish Demand Leaves Overhang

Analysis-Global Oil Markets Weaken as Sluggish Demand Leaves Overhang
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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