Chemical Supply Squeeze Imminent As Refiners Prioritize Gasoline ...Middle East

OILPRICE - Economy
Chemical Supply Squeeze Imminent As Refiners Prioritize Gasoline
source : OILPRICE ( Middle East ) () 27
Costs of chemicals used in making key goods, including pharmaceuticals, rubber, and plastics, are soaring as the rally in crude oil prices this year pushed up the price of petrochemical feedstocks. But higher oil prices are not the only reason for record-high prices of benzene, toluene, and xylene.  Record-high gasoline prices and strong gasoline demand globally as consumption rebounded after the COVID-induced slump prompted refiners to prioritize gasoline production over chemicals production. The jump in gasoline refinery utilization amid…

Hence then, the article about chemical supply squeeze imminent as refiners prioritize gasoline was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Chemical Supply Squeeze Imminent As Refiners Prioritize Gasoline )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Suspect Arrested For Allegedly Throwing Molotov Cocktail at Sam Altman's Home
WIRED - before 6 hours & 4 minute
Followme Releases 2025 Annual Trading Report: Trading Behaviour, Capital Flows, and Profitability Insights
PR Newswire - before 11 hour & 49 minute
Martin Lewis gives ‘urgent’ energy advice amid Iran ceasefire
INDEPENDENT - before 11 hour & 57 minute
OpenAI Freezes UK AI Data Center Plans Over Power Prices, Red Tape
OILPRICE - before 4 hours & 42 minute
emagine amplía su presencia europea con la adquisición de las operaciones de consultoría regional de Gentis
PR Newswire - before 11 hour & 30 minute
MicroCloud Hologram Inc. Develops Technology Based on Quantum Key Distribution Protocol and Quantum Random Number Generation Technology, Constructs Authentication System Integrating Quantum and Holographic Technologies
PR Newswire - before 8 hours & minute
Russia-Flagged Supertanker Passes Through Hormuz
OILPRICE - before 10 hours & 10 minute
US Oil, Gas Drillers Take the Foot Off the Gas As Prices Climb
OILPRICE - before 5 hours & 14 minute
Kno2 and Its Connected Partner Community Showcase End-to-End Data Exchange Capabilities Spanning Provider, Patient, Payer, and Aligned Network Pledges at the CMS Health Technology Ecosystem National Showcase
PR Newswire - before 10 hours & 2 minute
Fixstars Cuts AI Training Costs by 43% and Search Time to 1/16th
PR Newswire - before 10 hours & minute
United Real Estate Richmond Broker, Eric Lin, Appointed Director of the Virginia Department of Small Business and Supplier Diversity
PR Newswire - before 5 hours & 55 minute
Intellectual Property Veteran Formally Introduces PowerBridge Networks and Announces Acquisition of Strategic Avaya Networking Patent Portfolio
PR Newswire - before 5 hours & 23 minute


Latest News

Pine Grove Financial Group's Matt Gulbransen Named Top Wealth Advisor in Minnesota by Forbes

before hour & 16 minute

Strait of Hormuz Constraints Keep Oil Prices Elevated

before 2 hours & 34 minute

ALL NEW TOUR! NITRO CIRCUS 2.0 TOUR PRESENTED BY RAM TRUCKS IN AUGUST 2026

before 2 hours & 55 minute

TELCOR Acquires Sample Healthcare to Lead AI-Driven Transformation of Revenue Cycle Operations

before 3 hours & 12 minute

Trail Life CEO Mark Hancock on the Myth of Neutrality: "Character Formation Requires a Foundation"

before 3 hours & 45 minute

From March to August: Yiwu's Christmas Export Peak Season in Full Swing

before 4 hours & 17 minute

Berkshire Hathaway HomeServices The Preferred & Stouffer Realty Launch AI BOSS

before 4 hours & 33 minute

OpenAI Freezes UK AI Data Center Plans Over Power Prices, Red Tape

before 4 hours & 42 minute

Europe’s Jet Fuel Shortage Arriving in Weeks

before 4 hours & 58 minute

US Oil, Gas Drillers Take the Foot Off the Gas As Prices Climb

before 5 hours & 14 minute

Intellectual Property Veteran Formally Introduces PowerBridge Networks and Announces Acquisition of Strategic Avaya Networking Patent Portfolio

before 5 hours & 23 minute

Democrats Denounce Trump’s Plan to Use Foreign Steel in White House Ballroom

before 5 hours & 31 minute

From Earth to space: Portuguese cork continues to protect NASA's Artemis missions

before 5 hours & 38 minute

United Real Estate Richmond Broker, Eric Lin, Appointed Director of the Virginia Department of Small Business and Supplier Diversity

before 5 hours & 55 minute

Novorossiysk Restarts Oil Loadings at Reduced Capacity After Drone Strike

before 6 hours & 4 minute