December 7th, 2018

Petrochemicals Outlook

Bonds to naphtha

The IEA predicts in a recent study that 30% of oil demand growth between now and 2030 will come from the petrochemicals sector. As big users of LPG and ethane, this news might unsettle owners of oil tankers. We suggest that they can relax: feedstock demand growth will continue to support the global naphtha trade.

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