Global Market Analysis
The Shell 4Q22 business update, similar to the one from ExxonMobil, shows much weaker chemical than profit upstream but depicts significant integration benefits.
We discuss
January 6, 2023
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The Shell 4Q22 business update, similar to the one from ExxonMobil, shows much weaker chemical than profit upstream but depicts significant integration benefits.
We discuss
US ammonia prices and production margins remain elevated, a positive for producers but a negative for farmers as domestic fertilizer production competes with exports.
NW
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