July 2021

Trends and Resources

Industry Perspectives

Last month, Hydrocarbon Processing presented its mid-year market update to a global audience.

Nichols, Lee, Hydrocarbon Processing Staff

Mid-year market update Last month, Hydrocarbon Processing presented its mid-year market update to a global audience. The webcast highlighted major trends affecting the hydrocarbon processing industry, as well as a detailed analysis of active capital projects around the world. The following provides a brief overview of the many topics that were covered. An on-demand version of the webcast “Hydrocarbon Processing’s Industry Market Outlook: 2021 Update” is available at www.HydrocarbonProcessing.com/webcasts. Demand According to several industry reports, global fuels demand is forecast to rebound this year and increase in 2022. The U.S. Energy Information Administration forecasts global fuel

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