Currently, the conflict in Libya has had little to no effect on the price of oil, as the Saudis have ramped up production to cover the barrels-per-day that Libya was producing. If the Libyan conflict goes on indefinitely, how long can the Saudis continue to cover for Libya’s output?

  • 4%
  • 30%
  • 15%
  • 52%

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As low oil prices make naphtha cracking margins in Europe and Asia more competitive, are investments in new, ethane-based petrochemicals capacity in the US and Middle East becoming less attractive?




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