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NEGOTIATOR’S TAKE: ┬áTransportation, plastic components, and petrochemicals all ripe for downward price negotiations. 12.30.15 – Expanding global surplus due to high-paced production sparks fears that prices will fall further Below $34 a barrel for the first time since 2009 Brent

WTI at $45: have we reached the bottom yet?

West Texas Intermediate for March delivery decreased as much as $1.24 to $44.35 a barrel in electronic trading on the New York Mercantile Exchange and was down 57 cents to $45.02 at 12:14 p.m. London time. The contract lost 72

Oil: Falling Down

Brent for January settlement declined $2.88 to $66.19 a barrel on the London-based ICE Futures Europe exchange, the lowest since Sept. 29, 2009. The volume of all futures was 4.9 percent below the 100-day average. WTI for January delivery dropped

Brent under $100 in more than a year

Brent and U.S. crude futures both fell more than $1 on Friday after data showing U.S. non-farm payrolls rose by 142,000 in August, well below a forecast 225,000, casting doubt on the pace of growth in the world’s biggest oil-consuming

Gasoline prices peaking in the US

Prices at the pump are tracking a sharp rise in oil prices over the past month, after Islamist militants took control of several cities in Iraq. Investors and traders have worried that the spreading insurgency poses a threat to the

Crude oil price surge helps U.S. chemical makers

Chemical prices are set globally by naphtha-based producers. That lets Dow and its peers charge the higher industry price and bank the margins from using cheap natural gas. Cheap natural gas is giving U.S. chemical companies an edge over European