Worried about consumer inflation to come from Strait of Hormuz closure? The economy has one word for you other than oil: ...

Disruptions to oil and petrochemical flows through the Strait of Hormuz following the outbreak of the Iran war have tightened ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

Your home is filled with fossil fuels in the form of petrochemicals, used to make everything from the foam in your sneakers to your yoga mat, shampoo, makeup, and more—including laundry detergent, ...

The demand for the petrochemicals is driven by its extensive use across industries such as packaging, automotive, construction, and electronics. Advancements in production technologies, including ...

3 days OPEC+ Approves Modest Output Hike as Iran War Jolts Oil Markets 4 days OPEC+ Weighs Shock Output Surge as Iran Conflict Rattles Oil Markets Irina is a writer for Oilprice.com with over a decade ...

Petrochemical products, especially plastics, are a major contributor to global oil demand, with production expected to rise steeply by 2050. Grassroots campaigns and international philanthropy are ...

A longtime industry product — petrochemicals — is getting a renewed boost from the shift to low-carbon energy. The oil industry is increasingly turning to a widespread product to help keep crude in ...

Global oil consumption declined by roughly 9% in 2020 as the pandemic reduced business and pleasure travel, factory production and transportation of goods. This abrupt drop accelerated an ongoing ...

Opinions expressed by Digital Journal contributors are their own. With the European Central Bank warning that the US-China trade war could see European markets suffer, now is the time for Europe to ...