President Donald Trump’s push to ban American diesel exports sent European prices for the fuel surging, while U.S. futures came under pressure. Europe relies heavily on U.S. diesel exports near 2 million barrels a day as Middle East disruptions and…
Oil prices fell for the sixth straight day, with Brent crude slipping 0.3% to $98.99 a barrel and U.S. benchmark crude dropping 1.1% to $89.84 a barrel on September 23, 2026. The decline follows President Donald Trump’s announcement that U.S.…
The Suez Canal has seen a significant increase in revenue, rising 42% year-over-year to $505 million in July, the highest monthly level since December 2023. This surge is attributed to the rerouting of ships due to the Iran war’s effective…
The cost of shipping US crude oil to Asia has reached a record high of $44.8 million, up from $17.8 million before the Iran war, due to supply disruptions and tanker risks. The surge in costs has not deterred buyers…
Covestro has inaugurated a pilot plant for the chemical recycling of high‑performance polyurethane elastomers at its Leverkusen site in Germany. The investment, described as a “double‑digit million‑euro” outlay, moves the recycling process for Vulkollan elastomers from laboratory development to pilot‑scale…
U.S. retail sales grew 1.2% in August, surpassing the 0.7% gain analysts had forecast, according to Commerce Department data released on September 16, 2026. The increase follows a revised 0.5% decline in July, which had been unexpected after strong spending…
European Commission President Ursula von der Leyen used her State of the European Union address on Sept. 16, 2026 to propose that Canada become the EU’s first associate member. The suggestion comes as Canada, whose exports are about 70 %…
Brent crude slipped 1.1% to $107.61 a barrel, while benchmark U.S. crude fell 2% to $103.70 a barrel, marking the first weekly decline in oil prices as Saudi Arabia’s key pipeline shutdown adds strain to global supply. The shutdown follows…
Chinese supplier plans €130m carbon black, silica plant in Egypt | European Rubber Journal MENU News Focus Featured Content Technical Papers FTR Awards Featured Articles Rubber & tire machinery makers record solid growth performance 17 June 2025 Tire & rubber…
Truck stop operators are expanding amenities beyond parking, fuel, and showers to cater to the evolving needs of professional drivers. Drivers are seeking healthier food options, lounges, exercise areas, and dog-friendly facilities. Safe parking remains the top priority, but operators…