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195 record found.

Brent oil sees steepest one-day fall in more than two years

On July 11, international benchmark Brent crude oil recorded its sharpest percentage fall in a single session since February 9, 2016 on escalating...

  • 12.07.2018

June expectations surface in Mid-Eastern, African polyolefin markets

Polyolefin players in the Middle East and Africa started to voice their expectations for June on a mostly stable to softer note in the midst of opposite pressures coming from...

  • 25.05.2018

April PE outlook under discussion in Middle East, Africa

Having wrapped up their March PE business on a stable to firmer note in the midst of limited supplies, players across Middle East and Africa have started to share their expectations for April, which are mostly calling for...

  • 28.03.2018

Oil prices climb on Libya pipeline attack

According to media reports, oil traded near its highest close in more than two years following an attack on...

  • 27.12.2017

Saudi major seeks mostly rollovers for PP, PE in Mid-East, Africa

A major Saudi Arabian producer revealed its December prices to the PP and PE markets of Middle East and Africa...

  • 08.12.2017

OPEC’s oil production falls in August

According to Bloomberg, oil production in the Organization of Petroleum Exporting Countries (OPEC) fell in August after rising for...

  • 12.09.2017

Libya’s Al Majid oil field to resume production after 8 months

According to Reuters, Libya’s Al-Majid oil field is expected to resume oil production on...

  • 30.06.2017

Libya restarts Sharara oil field

According to Reuters, Libya re-opened its Sharara oil port after the workers’ protests were over and...

  • 12.06.2017

African PP, PE markets soften further in June

In Africa, initial PP and PE offers have been reported on a stable to softer note from May in line with players’ expectations as demand has slowed further due to the start of Ramadan in several parts of the region...

  • 02.06.2017

Initial June offers surface with rollovers in Kenya, Algeria and Libya

In Kenya, Algeria and Libya, PP and PE players have started to received new June offers with rollovers from May in line with...

  • 31.05.2017

OPEC extends oil cut for 9 months

According to media reports, OPEC decided to extend its decision to cut oil production for nine more months until...

  • 26.05.2017

Libya lifts FM on production from Wafa oilfield

According to Reuters, Libya lifted the force majeure on its oil production from Wafa oilfield on...

  • 13.04.2017

Libya declares FM on crude shipments from Sharara again

According to Reuters, Libya had to halt oil production from Sharara oilfield and declare force majeure on loadings from...

  • 11.04.2017

Libya lifts FM on oil output from Sharara oil field

According to Reuters, Libya lifted the force majeure on Sharara oil field on...

  • 04.04.2017

Libya declares force majeure on oil output from two terminals

According to Reuters, Libya declared force majeure on loadings from its two oil terminals...

  • 29.03.2017

Libya plans capacity expansion for Zawiya refinery

According to market sources, Libya’s National Oil Corp (NOC) said they are planning to increase the capacity of the country’s second largest refinery, Zawiya, from...

  • 21.02.2017

Libya’s oil production at highest of three years

According to media reports, Libya is producing 715,000 barrels/day of oil, which is the highest level since 2014...

  • 25.01.2017

Libya’s last major oil port readying to resume exports

According to media reports, Libya is close to starting oil exports from all its oil terminals following the re-opening of its last major oil port...

  • 06.01.2017

Libya’s two oilfields reopen after two years

According to media reports, Libya’s two oil fields, Sharara and El Feel, reopened after two years...

  • 21.12.2016

Confidence grows in OPEC’s oil deal

According to media reports, confidence on the side of oil traders and analysts grew about OPEC members’ abilities to reach an agreement on an oil cut deal...

  • 22.11.2016

OPEC tries to reach a deal on oil cuts

According to media reports, OPEC officials are working on the details of their oil cut plan...

  • 17.11.2016

US crude oil breaks below $45/bbl threshold

According to media reports, NYMEX crude oil futures broke below the $45/bbl threshold and settled 68 cents lower at $...

  • 04.11.2016

Will producers be able to achieve stronger oil markets on possible oil output cut?

Having reached a preliminary consensus to cut oil production for the first time in eight years at the Algeria meeting, OPEC and non-OPEC oil producers like Russia are currently conducting further talks on the issue...

  • 25.10.2016

OPEC’s oil output reaches record level: IEA

According to media reports, the International Energy Agency reported that the Organization of the Petroleum Exporting Countries’ (OPEC) oil output rose to its highest level of all time last month as...

  • 12.10.2016

Weekly Market Drivers for the USA

According to Resin Technology Incorporated’s (RTI) weekly market driver report for plastics processors, North American resin prices are now the highest polyethylene prices in the world. The September delta is the greatest...

  • 03.10.2016

195 record found.
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