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US

US Gulf Hurricane Season Impact – Week 28 2024

Jul 15, 2024

Hurricane Beryl became the first significant Atlantic hurricane of the 2024 season when it landed in Matagorda on Monday 8th July. The impact on US Gulf cracker petchem production was limited – probably under 50 kt of ethylene capacity was lost, with ethane demand the major feedstock casualty [...]

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Production

OPEC+ recent decisions – Week 27 2024

Jul 08, 2024

Last month OPEC+ met to discuss crude oil production levels for the remainder of 2024 and 2025. Levels were set for OPEC and non-OPEC participating countries with the required production levels for 2025 much higher than currently reached for some of the main LPG producers in the Middle East [...]

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PDH

Asian Propylene Capacity – Week 26 2024

Jul 01, 2024

At the start of June, we saw variable margins for PDH operators in the Far East return to positive territory. After a number of months of negative margins for many propylene producers, this was a welcome sentiment [...]

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US

US NGL production short-term outlook – Week 25 2024

Jun 24, 2024

Despite the drop in natural gas prices since late February 2024, US NGL production has not only remained unaffected but has continued to grow based on historical and estimated production levels [...]

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