#crude oil price in 2021

[alisaint]

Hundreds of protesters have taken to the streets in Cuba in recent days, furious over the lack of food and electricity. With chants of "hunger" and "we want food," the demonstrations have centered in Santiago de Cuba, the country's second-biggest city, and surrounding towns in the southeastern area of the island. They are the biggest anti-government protests since 2021, when thousands of Cubans took to the streets, triggering a massive crackdown by the state. Since then, the economic situation has deteriorated further, and analysts say the crisis is the worst in at least three decades. Claribel, 58, a resident of Santiago, says hardly a day goes by when there aren't at least five hours of power outages. Food is in such short supply that her 2-year-old great-nephew is being fed juice instead of milk. Public transportation has dried up because of a lack of fuel. "The situation here is horrible," Claribel says. "To live in Cuba is a tragedy." NPR is withholding her last name for her safety. Cuba's economy began tanking during the pandemic, when international tourism plummeted and inflation soared. During that same period, former President Donald Trump imposed a range of sanctions on Cuba after re-designating the country a "state sponsor of terrorism." But conditions in the country have rapidly spiraled in recent months, especially in poorer regions outside of the capital of Havana. Fuel prices have increased five-fold since the beginning of March. The cost of public transportation has also soared, to the extent there is any. The Cuban government suspended all sports tournaments because of a lack of transportation. Blackouts have become a constant. The communist government — which uses a rationing system to provide a certain amount of food per household — has even started limiting its allocations of bread to children and pregnant women. Some analysts say conditions are worse than the economic crisis that followed the collapse of the Soviet Union in 1991, a time known as the Special Period. "I was a kid but I recall that during the Special Period we got a ration of bread daily. Every Cuban. Not this time," says Ricardo Torres, a Cuban economist at American University in Washington, D.C. He says Cuba's problems, from food shortages to power outages, are the result of the country's massive financial deficit and lack of money to pay for imports. Dilapidated power plants have shut down and there's not enough fuel to power those still working. "Around 95% of Cuba's electricity is produced by power plants that burn oil. Fuel oil, diesel, even crude oil. So if you don't have the fuel, you cannot operate the plants," Torres says. In other words, he says, there's "no fuel, no electricity."

For more than two decades, Cuba relied on oil-rich Venezuela — a political ally — for crude and fuel in exchange for sending doctors and school teachers to the South American country. But as Venezuela's oil production plummeted in recent years, so did its generosity toward Cuba. Russia is now believed to be sending a large oil tanker to help the island amid the shortage, according to news reports citing a researcher at University of Texas who closely tracks shipping to Cuba. Cuba's president said in a statement his government will address protesters' concerns, but also denounced "enemies of the revolution" for trying to destabilize the country and accused the U.S. of stoking the protests. A spokesperson for the Cuban government blamed the economic crisis on decades-old U.S. sanctions that have complicated the island's purchase of fuel and food. That's partially true, says Johanna Cilano Pelaez, a researcher with Amnesty International. "But it's irresponsible to blame U.S. sanctions alone for the state of the Cuban economy," she says. For now, the Cuban government's response to the protests has been relatively subdued compared to 2021, when hundreds of demonstrators were arrested and some sentenced to up to 25 years in prison. While authorities have detained some protesters in recent days, they have also given out extra rice, milk and sugar in an effort to appease the growing outcry. In Santiago de Cuba, Claribel says Cubans' anger and frustration are beginning to outweigh their fear of government retaliation. "The people aren't going to back down," Claribel says. "If there hadn't been protests, we would still be without rice and chicken." When she heads out to demonstrate, she plans to bring her grandchildren. "They can't touch the children," she says.

[beardedmrbean]

The "Lukoil - Neftohim" refinery in Burgas has promised Bulgarian Prime Minister Nikolai Denkov to pay over 500 million leva (250 million euros) in taxes, and in return the state will keep the derogation (exception) from the European ban on the import of Russian crude oil. This was announced to the media by the co-chairman of the DPS parliamentary group, Delyan Peevski, after a meeting of MPs and members of the cabinet on the subject.

Cancellation of the derogation was requested by GERB last week, and DPS supported the idea. According to Peevski, Prime Minister Nikolai Denkov, the co-chairmen of the "We Continue the Change-Democratic Bulgaria" group Kiril Petkov and Atanas Atanasov attended today's meeting, and Finance Minister Asen Vassilev participated online.

The deputy added that if the money is not paid within a week, GERB and DPS will submit a proposal to parliament to cancel the derogation for the import of Russian oil. "Let Lukoil hear us clearly on this, not to think that they will not pay their taxes in Bulgaria," said Peevski.

The chairman of the energy commission, Delyan Dobrev (GERB), added that parliament will demand that the executive power collect another 1 billion leva from Lukoil, with which to compensate fuel consumers. He recalled that according to the law adopted in January, 70 percent of the difference between the price of Russian oil of the Urals type and the Brent type should enter the energy security fund and be returned to consumers in the form of compensation. Dobrev said that at the beginning of August, a calculation was made of how much leva Lukoil did not contribute, because the law was not implemented by two successive cabinets, and it turned out that the amount was 622 million leva. Divided by fuel consumption in the country it makes 0.73 cents, which people should have received for every liter of gasoline or diesel since January, Dobrev calculated, quoted by BTA.

Peevski announced that GERB and DPS will introduce a legal amendment to place Lukoil's fuel storage bases under the management of the State Agency "State Reserve and Wartime Stocks". "We want to free Bulgaria from the monopoly on Lukoil's storage facilities," commented Peevski.

In April, the Commission for the Protection of Competition fined the oil company 195 million leva for abuse of a dominant position, because it did not allow other companies to the fuel warehouses.

Until recently, "Lukoil Neftohim" did not pay taxes in Bulgaria, reporting a loss, and since the beginning of 2021, it has been working "at the customer's request", which made it profitable. At the beginning of last summer, it became known that the company had paid profit tax for the first time in 15 years.

[mariacallous]

In a private letter delivered to the White House earlier this month, the prime minister of the Kurdistan Region of Iraq warned that Kurdistan—and Iraq’s post-2003 federal system—faces imminent collapse unless the United States intervenes. Masrour Barzani sent his extraordinary warning amid mounting political and economic challenges for the autonomous region and an increasingly belligerent government in Baghdad.

The Kurdistan Regional Government (KRG) is important to U.S. interests in several ways. Its Peshmerga forces are key partners in the fight against the Islamic State and other extremist groups and crucial to the West’s counterterrorism efforts in both Iraq and Syria. The region has historically constituted a buffer against tumult and turmoil in the rest of Iraq, providing a safe haven for nearly 1 million internally displaced people and refugees, while also containing the ascension of militant Iran-backed militia groups responsible for conducting numerous attacks on Western forces.

However, with Washington now preoccupied by its intensifying rivalry with China and the war in Ukraine, little attention is being paid to Kurdistan. Sensing America’s focus is elsewhere, the KRG’s rivals, including militia groups designated as terrorists by the United States, have started circling. Kurdistan’s collapse would spell upheaval and chaos with implications stretching well beyond Iraq.

The KRG has endured a string of troubles in recent years. Soon after Barzani took office in 2019, his cabinet was confronted with a pandemic, a military escalation between the United States and Iran and its affiliated militias, and an economic crisis after oil revenues took a huge hit when crude prices plummeted in 2020.

Kurdistan has also been undermined by the rivalry between the two largest political parties, Barzani’s Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK). Their division weakened the Kurds’ bargaining power in Baghdad during negotiations over forming an Iraqi government after the 2021 parliamentary elections. Iran and its allies, including the Popular Mobilization Force (PMF)—the 200,000-strong umbrella militia organization—exploited Kurdish discord by allying with the PUK to expand their influence over the Iraqi state.

Iran-backed groups have also consolidated their control over the Iraqi judiciary, paving the way for a February 2022 ruling that Kurdish oil exports through Turkey were illegal. This influenced an international arbitration decision a year later that came to the same conclusion. Since then, Kurdish oil exports have stopped, crippling the region’s economy and impacting global energy markets—a win for the PMF and its hopes of neutering Kurdistan’s economic independence.

Earlier this month, Iran-aligned groups massacred Kurdish protesters in the disputed oil-rich city of Kirkuk, which Kurdish forces had withdrawn from in 2017 after the PMF mobilized its militias with federal government backing. As part of an agreement between Iraqi Prime Minister Mohammed Shia al-Sudani and Barzani, the KDP was to return to a base in the city, but the PMF moved to torpedo this by blocking a highway connecting Kirkuk to Erbil and other Kurdish provinces in August. The disruption to the lives of people who rely on the highway daily prompted the protests. Following the massacre, the Federal Supreme Court in Baghdad, which is aligned with the PMF, suspended the order for the KDP’s return.

The divisions between the KDP and PUK have deeply undermined the KRG. Indeed, fraternal rivalry has been the Kurds’ Achilles’ heel for decades. Between 1994 and 1998, the two parties fought a civil war for control of the region, which was finally resolved through U.S. mediation. Their 1998 peace settlement paved the way for a strategic agreement that became the basis for Kurdistan’s golden era after the U.S.-led invasion of Iraq in 2003, which gifted the Kurds outsized influence over the Iraqi state, expanded their autonomy, and precipitated an unprecedented economic boom.

While today’s rivalry represents a clash of personalities within a new generation of Kurdish leaders, it also reflects the two parties’ respective trajectories since 2003. The KDP owes much of its power to its long-standing organizational discipline, which has delivered it electoral success and allowed it to control the prime minister’s office since 2012. The PUK, on the other hand, has been factionalized almost since its inception in the 1970s. In 2021, Bafel Talabani launched a coup to oust his cousin Lahur as co-chair of the party and head of its counterterrorism and intelligence forces.

These violent dynamics have degraded the PUK’s ability to present a serious alternative to the KDP. Instead, it has opted for spoiler tactics, working with Iran-aligned groups in Baghdad to undermine its rival politically and economically. The PUK leadership regularly courts Iran-aligned individuals and factions sanctioned by the U.S. Treasury Department, sometimes against the backdrop of missile and drone attacks on Kurdistan by these groups.

This raises serious questions for Washington and its relationship with the party, but also for the PUK itself. Looking to Iran and Baghdad may help the PUK reassert itself locally, but undermining Kurdistan as a whole to weaken the KDP is dangerously myopic since it relies on the good faith of the PMF, and it is potentially existential as it risks gambling the autonomy of Kurdistan in the long term.

Kurdish woes and Iranian encroachment into Kurdistan have far-reaching implications for U.S. interests. The KRG is a vital ally in the campaign to secure the enduring defeat of the Islamic State. Intra-Kurdish divisions, Iran’s attempts to subjugate the Iraqi state, and Kurdistan’s economic turmoil all undermine the U.S. campaign against the Islamic State and empower Iranian-backed militant groups designated by Washington as terrorists. The U.S. base in Erbil province is one of Washington’s most important military bases and listening posts in the Middle East, serving as a special operations hub and a staging site for operations in both Iraq and Syria.

The very presence of this base requires a political order that is conducive to maintaining the U.S.-KRG partnership, something Iran is hoping to weaken and, eventually, demolish by instrumentalizing the PUK. Iran has proved willing to play the long game to supplant the United States in Kurdistan, as it has done in Baghdad over the past two decades.

Washington must, therefore, step in to pressure the PUK into ending its collusion with Tehran. The PUK and its leadership risk breaching U.S. sanctions that are designed to inhibit the capabilities of the designated Iran-aligned groups and officials the PUK partners with.

These sanctions could underscore an effort by Washington to establish red lines for the PUK, both to contain Iran’s encroachment and to protect the credibility of its sanctions infrastructure. Washington must also discourage the PUK from threatening to return Kurdistan to the dual administrative structure of the 1990s, which would effectively dissolve the autonomy of Kurdistan and its hard-won rights under the 2005 Iraqi constitution. This system saw the two ruling parties govern their stronghold provinces as two separate administrations and empowered Iraq’s neighbors, while undermining U.S. strategic interests in Iraq and the region.

Regional actors such as Turkey can also be brought into play. Ankara has escalated its drone attacks on the fighters and affiliates of the Turkish-Kurdish rebel group, the Kurdistan Workers’ Party (PKK), who have found refuge in Sulaymaniyah, the PUK’s stronghold province. That has destabilized the province and added to the party’s woes, despite the PUK’s efforts to discourage further strikes.

The PUK cannot force the PKK to withdraw, since this would trigger a violent conflict, but it can ill afford further Turkish attacks. However, it could strike a bargain with Ankara premised on a commitment to end its collusion with the PMF, which has PKK affiliates within its ranks. This would ensure that the PUK no longer directly or indirectly enables the PKK. It diminishes Iran’s influence, alleviates Turkish apprehensions, and reduces the geopolitical tensions that result from Turkish incursions.

Moreover, Washington has failed to resist or condemn Baghdad’s punitive measures against the KRG’s economy, which have been engineered by Iran-aligned groups through the subjugation of the judiciary in Baghdad. The suspension of Kurdistan’s oil exports has also stopped 500,000 barrels per day of Kurdish oil from reaching global markets: some 10 percent of Iraq’s total exports, or 0.5 percent of global production. This has reverberations well beyond the region; Europe has relied increasingly on Kurdish oil since Russia’s invasion of Ukraine.

The U.S. has so far been a bystander to both the intra-Kurdish escalation and Iran’s encroachment. Washington may believe that these problems are internal Kurdish matters, but this is a mistake. The ascension of the PMF and, therefore, its ability to exploit Kurdish discord can be directly tied to the legacy of U.S. engagement in Iraq over the past two decades, including Washington’s acquiescence to the group’s takeover of Kirkuk in 2017.

The KRG has proved resilient, but this has its limits. A full collapse of the region’s economy would ultimately force it to capitulate to Iran. In practice, this means giving Iran a greater say over the contours of the KRG’s institutions, its armed forces, borders, and, most importantly, the future of the U.S. base in Erbil.

Preventing this would require the United States to mediate intra-Kurdish tensions to unify Kurdish ranks in Baghdad to protect the KRG’s autonomy and restore its budgetary entitlements and its right to electorally contest disputed territories such as Kirkuk without being subjected to the coercive tactics of the PMF—while maintaining a healthy democratic rivalry at home.

If Washington is serious about safeguarding its interests, it could start by convincing the PUK that its best hope of reversing its decline is by addressing its internal crisis, and not by turning to Iran—a self-defeating exercise. The PUK will struggle to match the KDP’s political supremacy: At best, it can hope to slow its rival’s ascension. At worst, its collusion with Iran gambles the fates of both the party and Sulaymaniyah.

Secondly, the U.S. could focus its mediation on Kurdistan’s gas reserves, potentially addressing global shortages in the long term while propping up the KRG’s economy. The KDP has the political and constitutional legitimacy to move the sector forward and attract investors—but gas reserves are located primarily in PUK-controlled areas.

The U.S. could encourage dialogue over developing these gas fields and securing Kurdistan’s position in what the International Energy Agency has described as a “golden age” of natural gas. It is precisely here—at home, and not in Baghdad or Tehran—where the PUK, with U.S. support, can push for its economic stake through a comprehensive arrangement with the KDP that includes a revenue-sharing agreement.

Such a transactional engagement could be a stepping stone toward a wider settlement. The PUK blames the KDP for hoarding revenues and the fact that Sulaymaniyah has lagged behind other provinces, but that argument is weakened when Sulaymaniyah’s degradation is a reflection of the degradation of the PUK.

The correlation is not coincidental. By continuing with its current path, the PUK risks detaching Sulaymaniyah’s 700,000 inhabitants from the economic transformation being led by Barzani, which will only add to the frustration of its supporters. That reform agenda could rescue Kurdistan from dependence on oil by diversifying the economy, improving efficiency, and promoting good governance.

The alternative for the United States—standing by and watching the collapse of the KRG—would be a disaster for Iraq’s Kurds and for U.S. interests in the region. The KRG’s fate will play an important role in determining the contours of the wider Middle East.

[rushikesh-d]

Alternative Fuel Vehicles Market To Witness the Highest Growth Globally in Coming Years

The report begins with an overview of the Alternative Fuel Vehicles Market 2025 Size and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Alternative Fuel Vehicles Market scenario, and feasibility study are the important aspects analyzed in this report.

The Alternative Fuel Vehicles Market is experiencing robust growth driven by the expanding globally. The Alternative Fuel Vehicles Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Alternative Fuel Vehicles Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing.

The global alternative fuel vehicles market size was USD 293.45 billion in 2020. The global impact of novel coronavirus disease 2019 has been unprecedented and staggering, with alternative fuel vehicles witnessing a positive impact on demand across all regions amid the COVID-19 crisis. Based on our analysis, the global market will exhibit a stellar growth of 25.6% in 2020. The market is projected to grow from USD 330.45 billion in 2021 to USD 1,681.80 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 26.2% during the forecast period.

Get Sample PDF Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102518

Key Strategies

Key strategies in the Alternative Fuel Vehicles Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Alternative Fuel Vehicles Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Alternative Fuel Vehicles Market.

Major Alternative Fuel Vehicles Market Manufacturers covered in the market report include:

LIST OF KEY COMPANIES PROFILED:

Honda Motor Co., Ltd. (Tokyo, Japan)

Toyota Motor Corporation (Aichi, Japan)

Nissan Motor Corporation (Yokohama, Kanagawa, Japan)

Daimler AG (Stuttgart, Germany)

Tesla (California, U.S.)

BYD Company Ltd. (Shenzhen, China)

Ford Motor Company (Michigan, U.S.)

MITSUBISHI MOTORS CORPORATION. (Tokyo, Japan)

SHELL International B.V. (Hague, Netherlands)

JAGUAR LAND ROVER AUTOMOTIVE PLC (Coventry, U.K.)

Rising fossil fuel prices such as gasoline & diesel and heavy dependence on foreign countries to import fossil fuels significantly increase the pressure on the emerging economies worldwide, resulting in a boost in demand for AFVs. According to the U.S. Energy Information Administration, in November 2020, Brent crude oil prices averaged USD 43 per barrel, increasing significantly to an average price of USD 67 per barrel in March 2021 (One barrel contains 42 gallons). This increase in crude oil prices significantly affected the prices of petroleum products such as fossil fuels.

Trends Analysis

The Alternative Fuel Vehicles Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Alternative Fuel Vehicles Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Alternative Fuel Vehicles Market Solutions.

Regions Included in this Alternative Fuel Vehicles Market Report are as follows:

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Significant Features that are under offering and key highlights of the reports:

- Detailed overview of the Alternative Fuel Vehicles Market.

- Changing the Alternative Fuel Vehicles Market dynamics of the industry.

- In-depth market segmentation by Type, Application, etc.

- Historical, current, and projected Alternative Fuel Vehicles Market size in terms of volume and value.

- Recent industry trends and developments.

- Competitive landscape of the Alternative Fuel Vehicles Market.

- Strategies of key players and product offerings.

- Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2025 to 2032?

► What are the key market dynamics influencing growth in the Global Alternative Fuel Vehicles Market?

► Who are the prominent players in the Global Alternative Fuel Vehicles Market?

► What is the consumer perspective in the Global Alternative Fuel Vehicles Market?

► What are the key demand-side and supply-side trends in the Global Alternative Fuel Vehicles Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Alternative Fuel Vehicles Market?

Table Of Contents:

1 Market Overview

1.1 Alternative Fuel Vehicles Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook 

1.4.1.2 Canada Market States and Outlook 

1.4.1.3 Mexico Market States and Outlook 

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook 

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook 

1.4.2.5 Italy Market States and Outlook 

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook 

1.4.3.3 Korea Market States and Outlook 

1.4.3.4 India Market States and Outlook 

1.4.3.5 Southeast Asia Market States and Outlook 

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook 

1.4.4.3 Saudi Arabia Market States and Outlook 

1.4.4.4 South Africa Market States and Outlook 

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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[pakistanviews]

Crude oil prices recorded an increase on Friday, reaching $69.63 per barrel.

Crude oil prices recorded an increase on Friday, but they are heading toward their largest weekly decline since October. This is due to uncertainty surrounding U.S. tariff policies, which are raising concerns about demand while major oil-producing countries are preparing to increase production.

According to the report, Brent futures rose by 17 cents, or 0.24%, to $69.63 per barrel.

U.S. West Texas Intermediate (WTI) futures increased by 12 cents, or 0.18%, to $66.48 per barrel. However, for the week, Brent saw a 4.9% decline, marking its largest weekly drop since the week of October 14, while WTI is on track for a 4.8% decrease.

In the world's largest oil consumer, the U.S., changing trade policies have caused significant market volatility, affecting oil and other markets.

Oil market analyst Vandana Hari stated that it seems financial markets are in full panic mode and are no longer easily satisfied by Trump's one-month delay and the exemptions on import tariffs.

She further added that as a result, crude oil is stuck at its lowest level in nearly four months and could experience further declines.

On Thursday, U.S. President Donald Trump suspended a 25% tariff on most goods imported from Canada and Mexico until April 2. However, tariffs on steel and aluminum will be implemented as scheduled from March 12.

Fitch's research unit, BMI, noted in a report that the risks to oil prices are still heading downward, as new supplies from OPEC+ and non-OPEC producers are expected, which could push the market into a severe oversupply.

On Wednesday, Brent prices reached their lowest level since December 2021 after a rise in U.S. crude oil inventories and OPEC+ decided to increase its production quota.

[accapitalmarket]

Wall Street Plunge Continues, NFP Countdown

US stocks dropped on Thursday amid ongoing concerns about the impact of President Donald Trump’s trade policy on the economy, one day ahead of the release of key employment data.

Investors shunned equities on caution over wild policy swings from the US administration on recently imposed tariffs. President Trump announced on Thursday that all goods and services from Mexico and Canada that comply with the 2020 United States–Mexico–Canada Agreement (USMCA) would now be granted a one-month delay on the recent 25% import duties.

SPX500Roll H4

Ahead of Friday’s February non-farm payrolls report, data released on Thursday showed an easing in labor market pressures. US weekly jobless claims dropped by 21,000 to a seasonally adjusted 221,000 in the week ended March 1.

The latest monthly jobs report will give a measure of the health of the US economy and clues to the Federal Reserve’s path for future interest rate cuts amid fears Trump’s tariffs will stoke inflationary pressures in the coming months.

In a speech on Thursday, Philadelphia Federal Reserve President Patrick Harker said that while the US economy is currently in good shape, trouble may be brewing amid signs of stress in the consumer sector and risks to the inflation outlook.

At the stock market close in New York, the blue-chip Dow Jones Industrials Average was down 1.0% at 42,579, and the broader S&P 500 index shed 1.8% to 5,738.

NAS100Roll H1

Meanwhile, the tech-laden Nasdaq Composite entered correction territory after dropping 2.6% to 18,069, marking a decline of more than 10% from recent peaks.

Among tech issues, Marvell Technology dropped 19.8% after the chipmaker’s quarterly results failed to excite investors hoping for strong artificial intelligence-driven growth.

Other semiconductor makers were also lower, with Broadcom losing 6.3% and Nvidia shed 6.7%.

Elsewhere, Tesla fell 5.6% with brokerage Baird naming the electric carmaker as a bearish pick.

Retailers were also in the spotlight. Grocery chain Kroger rose 2.0% after forecasting annual same-store sales largely above estimates.

Burlington Stores soared 8.7% after the cut-price department store reported better-than-anticipated fourth-quarter income, helping to offset concerns over an uncertain outlook for 2025.

And Wendy’s added 1.4% after the restaurant chain reaffirmed its full-year adjusted earnings per share forecast and introduced long-term financial targets along with growth projections for 2028.

But Macy’s fell 0.7% after the department-store chain forecast annual sales and profit below expectations, worried that shoppers were holding off buying apparel and accessories in the face of economic uncertainty.

Among commodities, oil edged higher after recent falls as President Trump paused the imposition of some tariffs on Mexico and Canada, though recent plans by OPEC+ to raise crude output limited the recovery.

USOILRoll Daily

US West Texas Intermediate crude added 0.03% at $66.33, while UK Brent crude gained 0.3% at $69.49 a barrel, recovering after hitting its weakest level since December 2021 on Wednesday.

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[newsmatik]

The cost of the oil price to three years old is on the ransom of the trade

Be aware of free updates Just signify the Oil Digging myft – Upload directly to your mailbox. The cost of oil is overlaps for the third day in a row, nearly 3 percent at least 3 years of US Donald Trump’s war. Brent Crude, the international symbol of the world and dropped $ 68.33 on Wednesday 2021. The degrees came after promoting US ENERGY’s work in the largest trade payments in Canada, Mexico…

[khumaerbayas]

Oil price tumbles to three-year low on signs of waning US demand

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Oil prices fell for the third day in a row, tumbling more than 3 per cent to the lowest level in three years as traders reacted to a succession of negative indicators for crude demand. Brent crude, the international benchmark, dropped to $68.68 on Wednesday, the lowest since December 2021.…

[starseedfxofficial]

The Oil Price Rollercoaster: Yearly Patterns and Hidden Forex Opportunities That Traders Overlook The Secret Life of Oil Prices: Why They Dance Like It's 1999 (Every Year) Picture this: You check the oil price chart, expecting a steady climb like your gym motivation on January 1st. Instead, it plummets faster than your willpower when donuts appear in the breakroom. Sound familiar? If you've ever stared at oil prices yearly and thought, “What is this madness?”—you’re not alone. But here's the twist: that madness hides patterns, and those patterns hold the key to ninja-level Forex trading moves. Let’s peel back the oily curtain. The Annual Oil Price Tango: Why This Year's Moves Are Never Random Seasonality in oil prices isn’t just a trader’s bedtime story. It's a proven phenomenon. According to the U.S. Energy Information Administration (EIA), oil prices tend to rise between March and June before cooling off in the latter half of the year. The reasons? A cocktail of supply cuts, geopolitical jitters, and increased summer travel demand. But here’s the part most traders miss: the subtle divergences from these patterns often spell opportunity. Ninja Move #1: The Spring Surge Play (March-May) March is like oil's New Year’s Eve party. Production cuts from OPEC+ often kick in, while refineries ramp up ahead of the summer driving season. Historically, crude oil futures have gained an average of 5-10% during this period (source: Bloomberg). Your Playbook: - Monitor OPEC+ meetings (hint: their production decisions can nuke or fuel your positions). - Watch for refinery maintenance schedules. Reduced refinery output can tighten supply. - Pair oil price analysis with CAD/USD. The Canadian dollar is oil-sensitive—when oil jumps, CAD often follows. Hidden Gem: Lesser-Known Trigger Did you know that late winter storms in the U.S. can choke supply chains? A surprise blizzard can push oil prices up faster than a Reddit meme stock rally. Ninja Move #2: The Summer Demand Peak (June-August) Ah, summer—road trips, BBQs, and sky-high gas prices. Demand skyrockets, and historically, oil prices have spiked by 3-7% during these months (source: Reuters). What Experts Say: - John Kilduff, partner at Again Capital: “Summer gasoline demand can lift crude futures, but traders should beware unexpected refinery outages.” (Source: CNBC) Your Playbook: - Keep tabs on refinery outputs. Unexpected outages are like Black Swan events in summer. - Monitor airline fuel demand data. Global jet fuel consumption often parallels oil surges. - Use EUR/USD as a secondary watch. When oil rises, energy-importing Europe often feels the squeeze. The Underground Twist: Shipping Bottlenecks Container shortages and port congestions have, in recent years, affected crude delivery. A clogged Suez Canal in 2021 delayed over 10% of global trade (source: BBC). Keep an eye on maritime news. Ninja Move #3: The Autumn Correction (September-November) Post-summer blues hit not just your Instagram feed but oil prices, too. Demand cools, and prices historically retrace by 4-8% (source: Investing.com). Key Insight: - Helima Croft, global head of commodity strategy at RBC Capital Markets: “Autumn corrections often mask geopolitical undercurrents—those who ignore them pay the price.” (Source: Bloomberg) Your Playbook: - Look for inventory build-up reports from the EIA. Rising stockpiles = bearish pressure. - Monitor Middle East tensions. Even rumors can spark price jumps. - Short-term plays on USD/JPY often align well with autumn oil shifts (Japan imports over 90% of its oil). Pro-Level Insight: The Tax Loophole Effect (December Drop) As the year wraps up, some producers offload excess inventory for tax reasons. This can lead to a brief dip in oil prices, typically 2-5% (source: MarketWatch). Stealth Tactic: - Watch hedge fund positioning data. Big exits can amplify year-end sell-offs. - Use GBP/USD in this window. The UK’s Brent crude ties closely to global oil flows. Contrarian Goldmine: When the Patterns Break The real moneymaker? Spotting when these seasonal moves deviate. Case Study: In 2022, sanctions on Russia bucked the March surge. Oil rocketed 35% instead of the usual single digits (source: Reuters). Insider Tip: - Check for major elections, sanctions, or natural disasters that disrupt supply-demand equilibrium. Actionable Checklist: Your Yearly Oil Price Weaponry - Spring Surge: Watch OPEC+ cuts, refinery maintenance, blizzards. - Summer Peak: Monitor refineries, jet fuel demand, shipping snarls. - Autumn Correction: Track inventory builds, Middle East unrest, USD/JPY correlations. - December Dip: Spot fund positioning, tax-driven sell-offs, GBP/USD sensitivity. Unlock Exclusive Tools for Oil Price Mastery Don’t just read—act. Here’s how StarseedFX tools can elevate your yearly oil price trading game: - Real-Time Market News: Track oil-related news as it breaks: Forex News Today - Forex Education Hub: Advanced techniques on oil-CAD correlations: Free Forex Courses - Live Trading Insights: Daily analysis on oil moves: StarseedFX Community - Smart Trading Tools: Automate lot sizes and optimize orders: Smart Trading Tool Final Thought: Master the Oil Price Yearly Playbook or Miss Out Patterns drive oil prices, but the real profits lie in mastering the outliers. Will you ride the wave or wipe out? —————– Image Credits: Cover image at the top is AI-generated Read the full article

[third-new]

Totalenergies is a 21% decrease in profit for the whole year for lower oil prices

The poster and logo on the Cupole tower, the headquarters of Compagny Total renamed Totalenergies in 2021 at La Defense Business District west of Paris in Courbevoie in France on June 7, 2024. Antoine Boureau AFP Getty images French crude oil Total On Wednesday, a sharp decrease in earnings was recorded throughout the year, against the background of lower oil prices and poor fuel demand. The…

[newtras]

Totalenergies is a 21% decrease in profit for the whole year for lower oil prices

The poster and logo on the Cupole tower, the headquarters of Compagny Total renamed Totalenergies in 2021 at La Defense Business District west of Paris in Courbevoie in France on June 7, 2024. Antoine Boureau AFP Getty images French crude oil Total On Wednesday, a sharp decrease in earnings was recorded throughout the year, against the background of lower oil prices and poor fuel demand. The…

[satrthere]

Totalenergies is a 21% decrease in profit for the whole year for lower oil prices

The poster and logo on the Cupole tower, the headquarters of Compagny Total renamed Totalenergies in 2021 at La Defense Business District west of Paris in Courbevoie in France on June 7, 2024. Antoine Boureau AFP Getty images French crude oil Total On Wednesday, a sharp decrease in earnings was recorded throughout the year, against the background of lower oil prices and poor fuel demand. The…

[rushikesh-d]

Alternative Fuel Vehicles Market To Witness the Highest Growth Globally in Coming Years

The report begins with an overview of the Alternative Fuel Vehicles Market 2025 Size and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Alternative Fuel Vehicles Market scenario, and feasibility study are the important aspects analyzed in this report.

The Alternative Fuel Vehicles Market is experiencing robust growth driven by the expanding globally. The Alternative Fuel Vehicles Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Alternative Fuel Vehicles Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing.

The global alternative fuel vehicles market size was USD 293.45 billion in 2020. The global impact of novel coronavirus disease 2019 has been unprecedented and staggering, with alternative fuel vehicles witnessing a positive impact on demand across all regions amid the COVID-19 crisis. Based on our analysis, the global market will exhibit a stellar growth of 25.6% in 2020. The market is projected to grow from USD 330.45 billion in 2021 to USD 1,681.80 billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 26.2% during the forecast period.

Get Sample PDF Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102518

Key Strategies

Key strategies in the Alternative Fuel Vehicles Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Alternative Fuel Vehicles Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Alternative Fuel Vehicles Market.

Major Alternative Fuel Vehicles Market Manufacturers covered in the market report include:

LIST OF KEY COMPANIES PROFILED:

Honda Motor Co., Ltd. (Tokyo, Japan)

Toyota Motor Corporation (Aichi, Japan)

Nissan Motor Corporation (Yokohama, Kanagawa, Japan)

Daimler AG (Stuttgart, Germany)

Tesla (California, U.S.)

BYD Company Ltd. (Shenzhen, China)

Ford Motor Company (Michigan, U.S.)

MITSUBISHI MOTORS CORPORATION. (Tokyo, Japan)

SHELL International B.V. (Hague, Netherlands)

JAGUAR LAND ROVER AUTOMOTIVE PLC (Coventry, U.K.)

Rising fossil fuel prices such as gasoline & diesel and heavy dependence on foreign countries to import fossil fuels significantly increase the pressure on the emerging economies worldwide, resulting in a boost in demand for AFVs. According to the U.S. Energy Information Administration, in November 2020, Brent crude oil prices averaged USD 43 per barrel, increasing significantly to an average price of USD 67 per barrel in March 2021 (One barrel contains 42 gallons). This increase in crude oil prices significantly affected the prices of petroleum products such as fossil fuels.

Trends Analysis

The Alternative Fuel Vehicles Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Alternative Fuel Vehicles Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Alternative Fuel Vehicles Market Solutions.

Regions Included in this Alternative Fuel Vehicles Market Report are as follows:

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Significant Features that are under offering and key highlights of the reports:

- Detailed overview of the Alternative Fuel Vehicles Market.

- Changing the Alternative Fuel Vehicles Market dynamics of the industry.

- In-depth market segmentation by Type, Application, etc.

- Historical, current, and projected Alternative Fuel Vehicles Market size in terms of volume and value.

- Recent industry trends and developments.

- Competitive landscape of the Alternative Fuel Vehicles Market.

- Strategies of key players and product offerings.

- Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2025 to 2032?

► What are the key market dynamics influencing growth in the Global Alternative Fuel Vehicles Market?

► Who are the prominent players in the Global Alternative Fuel Vehicles Market?

► What is the consumer perspective in the Global Alternative Fuel Vehicles Market?

► What are the key demand-side and supply-side trends in the Global Alternative Fuel Vehicles Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Alternative Fuel Vehicles Market?

Table Of Contents:

1 Market Overview

1.1 Alternative Fuel Vehicles Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook 

1.4.1.2 Canada Market States and Outlook 

1.4.1.3 Mexico Market States and Outlook 

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook 

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook 

1.4.2.5 Italy Market States and Outlook 

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook 

1.4.3.3 Korea Market States and Outlook 

1.4.3.4 India Market States and Outlook 

1.4.3.5 Southeast Asia Market States and Outlook 

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook 

1.4.4.3 Saudi Arabia Market States and Outlook 

1.4.4.4 South Africa Market States and Outlook 

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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[hmatrading0]

Expected trends in the price of crude oil for tomorrow in India

Unrefined oil costs play a significant part in the financial steadiness of nations, especially in India, where oil is a major consequence product. Foreseeing the cost of rough oil for tomorrow can be very challenging due to the various components at play. Be that as it may, understanding the elements of rough oil estimating can give important bits of knowledge for future cost estimates.

The worldwide unrefined oil advertise is affected by a few components, counting geopolitical occasions, changes in supply and request, and financial pointers. In later a long time, pressures in oil-producing districts, especially in the Center East, have driven to critical changes in rough oil costs. For occurrence, occasions such as the OPEC+ gatherings, where part nations choose on generation cuts or increments, have quickly affected costs. If OPEC+ concurs to cut generation, it by and large leads to an increment in oil costs, profiting oil-exporting nations like Saudi Arabia and adversely affecting bringing in nations like India.

Additionally, request for crude oil future price is closely connected to financial action. As the worldwide economy recuperates from the COVID-19 widespread, request for unrefined oil has surged, putting upward weight on costs. For illustration, the Worldwide Vitality Organization (IEA) detailed a noteworthy increment in oil utilization in 2021 and 2022 as economies revived post-lockdown. This rising request, coupled with supply limitations, can result in cost increments.

Exchange rates too play a crucial part in rough oil estimating in India. Since India imports an expansive parcel of its rough oil, vacillations in the Indian Rupee against the US Dollar can impact costs. A weaker Rupee makes oil more costly for India, compounding the financial burden on shoppers. In 2021, for occurrence, the devaluation of the Rupee against the Dollar coincided with climbs in fuel costs in India.

Furthermore, showcase theory can lead to short-term instability in unrefined oil costs. Dealers analyzing advertise patterns and potential geopolitical improvements can drive costs up or down. For illustration, news of an expansive parcel of its rough oil, vacillations in the Indian Rupee against the US Dollar can impact costs. A weaker Rupee makes oil more costly for India, compounding the financial burden on shoppers. In 2021, for occurrence, the devaluation of the Rupee against the Dollar coincided with climbs in fuel costs in India.

Furthermore, showcase theory can lead to short-term instability in unrefined oil costs. Dealers analyzing advertise patterns and potential geopolitical improvements can drive costs up or down. For illustration, news of anaby and large leads to an increment in oil costs, profiting oil-exporting nations like Saudi Arabia and adversely affecting bringing in nations like India.

Additionally, request for unrefined oil is closely connected to financial action. As the worldwide economy recuperates from the COVID-19 widespread, request for unrefined oil has surged, putting upward weight on costs. For illustration, the Worldwide Vitality Organization (IEA) detailed a noteworthy increment in oil utilization in 2021 and 2022 as economies revived post-lockdown. This rising request, coupled with supply limitations, can result in cost increments.

Exchange rates too play a crucial part in rough oil estimating in India. Since India imports any and large leads to an increment in oil costs, profiting oil-exporting nations like Saudi Arabia and adversely affecting bringing in nations like India.

Additionally, request for unrefined oil is closely connected to financial action. As the worldwide economy recuperates from the COVID-19 widespread, request for unrefined oil has surged, putting upward weight on costs. For illustration, the Worldwide Vitality Organization (IEA) detailed a noteworthy increment in oil utilization in 2021 and 2022 as economies revived post-lockdown. This rising request, coupled with supply limitations, can result in cost increments.

Exchange rates too play a crucial part in rough oil estimating in India. Since India imports an expansive parcel of its rough oil, vacillations in the Indian Rupee against the US Dollar can impact costs. A weaker Rupee makes oil more costly for India, compounding the financial burden on shoppers. In 2021, for occurrence, the devaluation of the Rupee against the Dollar coincided with climbs in fuel costs in India.

Furthermore, showcase theory can lead to short-term instability in unrefined oil costs. Dealers analyzing advertise patterns and potential geopolitical improvements can drive costs up or down. For illustration,

News of a looming typhoon in the Inlet of Mexico can cause oil costs to spike due to fears of supply disturbances.

In conclusion, crude oil price forecast for next week in India includes analyzing a complex exchange of geopolitical occasions, financial markers, demand-supply flow, and money vacillations. Whereas it is inconceivable to make an exact expectation, checking these variables can give experiences into conceivable cost developments. For both policymakers and customers, understanding these components is imperative for exploring the broader financial scene formed by rough oil costs.

[chemanalystdata]

Epichlorohydrin Rubber Prices: Trends and Market Insights

 Epichlorohydrin Rubber is a specialty elastomer that has gained significant importance across various industries due to its excellent resistance to oils, fuels, and solvents. Commonly used in automotive, aerospace, and manufacturing sectors, it is prized for its durability and versatility. The price of epichlorohydrin rubber is influenced by several factors that impact the supply and demand dynamics. This article examines the key drivers behind the price of epichlorohydrin rubber, explores recent trends, and provides insights into the future market outlook.

Key Factors Influencing Epichlorohydrin Rubber Prices

Raw Material Costs: Epichlorohydrin rubber is synthesized from epichlorohydrin, a chemical compound derived from petrochemical feedstocks such as propylene and chlorine. As with many other synthetic rubbers, fluctuations in the prices of raw materials significantly affect the cost of production. For instance, propylene prices are closely tied to crude oil prices, so any changes in the price of crude oil are reflected in the price of epichlorohydrin rubber. A rise in crude oil prices leads to increased costs for key raw materials, which in turn drives up the cost of epichlorohydrin rubber.

Demand from End-Use Industries: The demand for epichlorohydrin rubber is primarily driven by its use in high-performance applications such as automotive seals, hoses, gaskets, and fuel systems. The automotive industry, in particular, is a major consumer of epichlorohydrin rubber due to the increasing demand for fuel-efficient vehicles and the growing adoption of electric vehicles (EVs). Additionally, demand from other sectors such as construction, aerospace, and electrical insulation further influences the price trends of Epichlorohydrin Rubber. When the demand from these industries rises, manufacturers of epichlorohydrin rubber are able to push prices upward.

Energy Prices and Production Costs: The production of epichlorohydrin rubber is energy-intensive, as it involves multiple chemical processes, including the polymerization of epichlorohydrin. Therefore, fluctuations in global energy prices—such as the cost of electricity, natural gas, and oil—can affect the overall cost of producing epichlorohydrin rubber. If energy prices increase, manufacturers may face higher operational costs, which are often passed on to consumers in the form of higher rubber prices.

Supply Chain Disruptions: Global supply chain disruptions, such as those caused by natural disasters, geopolitical tensions, or the COVID-19 pandemic, have a significant impact on the price of epichlorohydrin rubber. When raw materials are in short supply, or there are delays in production and delivery, it leads to higher costs for manufacturers. Additionally, restrictions on the transportation of goods and trade barriers can increase lead times, creating further upward pressure on prices.

Environmental Regulations: The chemical industry, including the production of epichlorohydrin rubber, faces increasing pressure to meet stringent environmental regulations. Many countries have implemented policies aimed at reducing carbon emissions and promoting sustainability. Compliance with these regulations often requires manufacturers to invest in cleaner technologies and improve their production processes, which can increase production costs. These costs are typically reflected in the final price of epichlorohydrin rubber.

Get Real time Prices for Epichlorohydrin Rubber: https://www.chemanalyst.com/Pricing-data/epichlorohydrin-rubber-1584

Recent Price Trends

In recent years, the price of epichlorohydrin rubber has experienced notable fluctuations. The COVID-19 pandemic caused significant disruptions in global supply chains, leading to shortages of raw materials and an increase in transportation costs. As a result, epichlorohydrin rubber prices saw a sharp rise, particularly in 2021 and 2022. Additionally, as the automotive and manufacturing industries began to recover, there was an uptick in demand for materials like epichlorohydrin rubber, which further exacerbated price increases.

More recently, energy price fluctuations have played a crucial role in the pricing of epichlorohydrin rubber. In regions where energy costs are rising, manufacturers have been forced to increase prices to maintain profitability. At the same time, the geopolitical situation in energy-producing regions has created supply uncertainty, causing further volatility in rubber prices.

Future Outlook

Looking ahead, the price of epichlorohydrin rubber is likely to remain volatile. A number of factors will continue to shape the market, including the price of raw materials, energy costs, and demand from key industries. The ongoing recovery of the global economy and the expected growth in sectors such as automotive and aerospace are likely to keep demand for epichlorohydrin rubber strong in the near term.

However, as environmental regulations become stricter and manufacturers continue to adapt to changing market conditions, there may be opportunities for cost reductions through more efficient production processes. Advances in sustainable manufacturing technologies and the shift toward greener alternatives could also impact the cost structure, potentially leading to price stabilization over time.

Conclusion

Epichlorohydrin rubber is a critical material with wide-ranging applications across industries. The pricing dynamics of epichlorohydrin rubber are complex and influenced by a combination of raw material costs, demand trends, production costs, supply chain issues, and environmental regulations. While recent years have seen significant price fluctuations due to global disruptions, the market is expected to stabilize as demand recovers and production processes evolve. For businesses and stakeholders involved in the epichlorohydrin rubber market, staying informed about these factors will be key to navigating price changes and making strategic decisions.

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Comprehensive Study on the Mexico Oil and Gas Market

The Mexico oil and gas market size is expected to reach USD 243.50 billion by 2030, registering a CAGR of 3.4% over the forecast period, according to a new report by Grand View Research, Inc. Mexico's demand for oil & gas is anticipated to increase as a result of government subsidies and the liberalization of fuel prices. Additionally, it is anticipated that cooperation between Mexico and European nations for natural gas trading and the natural gas shortage experienced by European nations due to the conflict in Russia and Ukraine will further influence the oil and gas market growth.

Due to the adoption of horizontal drilling and hydraulic fracturing techniques by oil and gas companies in Mexico, natural gas and crude oil production is increasing.The transportation and power generation industries are the main final consumers of crude oil and natural gas. There are reputable local and international players in the Mexican oil and gas market. Due to the intense competition in the market, the majority of players are concentrating on how to set themselves apart from the competition. For product manufacturers, creating extremely effective sales channels is yet another crucial element. The oil and gas market in Mexico exhibits a direct sales channel.

Due to the high demand-supply gap for crude oil and natural gas as well as the current political unrest between Russia and Ukraine, prices for both commodities are skyrocketing. The Mexican government has implemented price controls on the sales of diesel, gasoline, liquefied petroleum gas, and natural gas intended for domestic use despite the skyrocketing cost of crude oil.

In terms of revenue, upstream segment dominated the market with a share of 62.60% in 2021. According to the U.S. Energy Information Administration (EIA), Mexico has enormous potential for shale gas and oil resources. These are expected to be stored in marine-deposited, source-rock shales distributed along the onshore Gulf of Mexico region. These factors are expected to boost the demand in the upstream segment over the forecast period.

Mexico Oil And Gas Market Report Highlights

In 2022, the upstream emerged as the largest segment and accounted for a revenue share of 62.75% owing to its enhanced efficiency, easy installation, and availability of three-phase variations

In February 2022, the geopolitical unrest in Eastern Europe with Russia Ukraine conflict has hampered manufacturing operations and disrupted supply chains

The oil and gas refining industry in Mexico, which is underdeveloped, is anticipated to expand at a CAGR of 4.1% over the forecast period. There are currently 6 refineries, and Mexico is dependent on refineries located in the United States. The state-owned oil and gas company Pemex will receive funding from the Mexican government in order to increase refining capacity. Such programs may aid in the growth of the downstream industry.

Mexico Oil And Gas Market Segmentation

Grand View Research has segmented the Mexico oil and gas market based on operations:

Mexico Oil & Gas Operations Outlook (Revenue, USD Billion, 2018 - 2030)

Upstream

Onshore

Offshore

Midstream

Downstream

Refining 

Order a free sample PDF of the Mexico Oil And Gas Market Intelligence Study, published by Grand View Research.