February
Biggest Chemical Firm Sabic Says China Demand Yet to Recover
The world’s biggest chemicals maker said profit margins would remain tight with the Chinese market yet to recover and the global economic downturn weakening demand for plastics and building materials.
Global natural gas markets continued to tighten in 2022, says IEA
European gas demand saw its steepest drop in recorded history in 2022, according to the IEA’s latest Gas Market Report, while global demand is expected to be broadly flat in 2023.
Oil Steady as Halt to Polish Pipeline Supply Offsets Rate Fears
Oil steadied as traders weighed the prospects for tighter US monetary policy against optimism for a demand recovery in China and supply disruption in Europe.
