05 Mar 2025
04 Mar 2025
Oil prices tumbled to a three-month low on Monday, 3 March 2025, as concerns over mounting supply and global economic uncertainty weighed on market sentiment. Market fears centred on OPEC+’s latest decision surrounding an output hike
04 Mar 2025
04 Mar 2025
The merger is expected to generate operational synergies, with cost savings projected at $500 million annually. Additionally, the new entity will serve as a platform for further acquisitions in the polyolefins sector, reinforcing ADNOC and OMV’s market presence.
03 Mar 2025
Investor concerns deepened following the US announcement confirming the 4 March implementation of tariffs on Canadian and Mexican imports, a move that threatens to disrupt crude supply chains from two of the US’s largest foreign oil suppliers.
03 Mar 2025
In 2023, the company similarly lobbied for a 3% tariff on imported PP and PE under HS codes 39029090, 39011092, 39012000, and 39014000. However, the proposal encountered strong opposition from industry stakeholders
03 Mar 2025
