Tag: global petrochemical market

Brent nears $87/bbl as renewed Middle East tensions disrupt energy markets Higher naphtha, ethylene and benzene prices raise replacement costs across polymers Producers expected to review resin prices, although weak downstream demand may limit pass-through Global crude oil prices rallied sharply on Tuesday, pushing Brent crude to $86.90/bbl (+4.31%) and WTI to $81.00/bbl (+3.86%), as…