Blogs

Inflation and energy prices to choke Europe’s growth engine

Inflation and energy prices are problematic nearly everywhere. High energy prices are likely to be especially troublesome for Germany and this trouble is certain to spread to this side of the Atlantic.

Oil prices have fallen but remain volatile

Many factors affect the price of crude oil beyond supply and demand—seasonal driving patterns, Atlantic storms, political developments in the Middle East, the outbreak of war, and dozens of others. Another factor that doesn’t get much attention is the volume of oil stored in the Strategic Petroleum Reserve.

Developing shorter supply chains, strengthening domestic manufacturing

Offshoring was all the rage for a while, helping OEMs remain competitive in the international marketplace. Eventually the excitement wore off. Long supply chains hampered timely deliveries and made quality control difficult. Reshoring took hold, and the many supply chain shocks of recent years are likely to reinforce this trend.

Petroleum products pricing isn’t as simple as supply and demand

The prices for petroleum-based products aren’t determined strictly by the crude oil supply on one side and demand for petroleum products on the other. In between the supply and the demand is the refining industry, and it plays a key role. In the U.S., the refining capacity hasn’t been growing as fast as consumption, and this could spell trouble. Click on the title to read the blog.

Blogs

Inflation and energy prices to choke Europe’s growth engine

Oil prices have fallen but remain volatile

Developing shorter supply chains, strengthening domestic manufacturing

Petroleum products pricing isn’t as simple as supply and demand

Insights for Tube, Pipe, and Profile Manufacturers

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