Newsletter: PE Market Insights, March 2022
The March 2022 edition of PE Market Insights provides an update on how the conflict in Eastern Europe is impacting the global PE market. Russia’s 2020 share in its key goods exports demonstrates that energy is a major contributor. New sources to Europe can only partially offset Russia’s natural gas exports. Key global energy prices are volatile amidst a rising trend. In particular, Europe gas reaches historic highs despite improving inventories. US crude oil production continues to ramp up to pre-COVID levels.