HDPE film prices were assessed on Oct. 7 at Real 8,300/mt, the highest since July 2018, when prices were at Real 7,600/mt.
Global primary energy demand will see an average growth rate of 0.9% per year.
Oil production in non-OPEC countries will gain 5.7 mln barrels per day and reach 70.7 mln barrels a day by 2024.
The global oil demand recovery in the near term and the long term will be on account of developing economies.
Russia is the largest OPEC+ oil producer.
Oil futures rose Thursday, lifted as strikes in Norway continue to weigh on production in the North Sea and Hurricane Delta forces the shut-in of crude and natural-gas production in the Gulf of Mexico.
Sales of regular gasoline blend (Ai-92) at the St. Petersburg International Commodity Exchange (SPIMEX) in January-September 2020 amounted to 3.7 million tonnes.
Oil rose near $40 a barrel in New York with the market turning its attention to a hurricane that’s caused widespread shut-ins to Gulf of Mexico output.
Mexico’s oil hedge is the largest annual oil deal in Wall Street, but this year the finance ministry has kept the $1 billion operation strictly under wraps — even declaring its details a state secret.
Recognising this, the major players have been making conscious efforts to cut down on their energy consumption by improving their equipment and processes.