U.S. refiners forecast strong first-quarter earnings as margins on gasoline and diesel sales improved, refining capacity fell sharply and crude supplies tightened due to the Russia-Ukraine war.Global refining capacity has declined amid the coronaviru…
The World Bank expects global economic growth to slow significantly, from 5.5% in 2021 to 4.1% in 2022 and further to 3.2% in 2023. Growth in East Asia and the Pacific is expected to slow to 5.1 percent in 2022, reflecting the impact of China's econo…
Analysts at JPMorgan recommended selling or "underweight" emerging market local currency sovereign debt because of the global impact of the Ukraine-Russia crisis.JPMorgan estimated that fixed-income assets in emerging markets have lost 6-9 percent of…
As the world deals with potential supply shortages, oil prices are soaring again, with more dramatic spikes and sudden drops expected.For consumers, that means more expensive gas for longer - prices at the pump remain above $4 a gallon. For the econo…
Several major changes in the coating industry, raw material prices continue to rise! In the paint market in 2021, "recovery and price increase" has become a key word. Due to the unusually low sales scale during the 2020 epidemic, the coatin...…