June Oil Price Whiplash

Oil Price Horizontal - The Chemical Company

Crude Oil prices fluctuated as much as $15/bbl throughout the month of June, highlighted by the conflict in Iran, headlines surrounding OPEC and the US’ strategic reserves. As a driver of the cost of raw materials, goods, and overall demand for many chemistries, the ongoing global headlines and oil price levels will remain in focus for the weeks and months to come.

Share:

Facebook
Twitter
LinkedIn
Email

Related Posts

Fed Cuts Rates: What does it mean?

The Federal Reserve lowered interest rates by 25 basis points to a range of 4.00%–4.25%, marking a notable shift in policy aimed at supporting the