IHS Chemical Week

Economics :: Prices

Escalating Oil Prices Continue to Pressure Downstream Pricing

12:12 PM MST | November 7, 2007 | Rebecca Coons

Crude oil prices reached a new high last week, soaring above $93/bbl on news of low inventories, tensions in the Mideast, and production problems in Mexico. Naphtha prices rose in line with oil last week to as high as 230 cts/gal, while ethane was up to 104 cts-105 cts/gal. Propane prices also rose as high as 147 cts-148 cts/gal early last week, but began to ease later in the week. The net effect of steadily rising feedstock pricing has been sizable price increases, as olefins producers try to pass along costs and protect margins. Ethylene contract prices have...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa