Both WTI and Brent crude oil prices have been extremely volatile of late, with a historic weekly drop to open May followed by one of the largest daily gains on record. Given current global supply/demand dynamics, where are crude prices headed for the remainder of 2011?

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  • 15%
  • 16%

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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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