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  1. Polymer Prices

    After a long rally, a fall, then a bounce? How oil prices will change and how adjacent markets will react. In early December, the cost of Brent crude oil fell below USD 68 per barrel on the ICE in London, having dropped by almost 10% on the first day of the month on the back of the US decision to release 50 million barrels from America’s strategic reserves. Several other countries have also released their reserves to the market. Coupled with the risks of new lockdowns, this caused a serious drop...

  2. A trend towards petrochemicals

    The petrochemicals market has reached a turning point in 2020. Volatility in hydrocarbon prices, coupled with the coronavirus pandemic, have accelerated a trend for oil producing companies to enter the petrochemicals sector. By making these forays, oil ...

  3. Tyumen Oil and Gas Forum 2020

    ... (TNF 2020), Deputy Prime Minister Yuri Borisov stated the need to support the industry’s focus on higher value-added products. During his presentation at the TNF 2020, Russian Deputy Prime Minister Yuri Borisov said that support for investment in petrochemicals should continue as far as high value-added products are concerned. “A bill has been submitted to the State Duma, aimed at enhancing the industry’s investment appeal by introducing a reverse excise tax and tax deductions for ethane and ...