COVID-19 Bulletin: October 22

October 22, 2020 • Posted in News

Good Afternoon,

More news relevant to the plastics industry:

Some sources linked are subscription services.

Supply

  • Energy prices were higher in mid-day trading today, with the WTI at $40.70/bbl, Brent at $42.51/bbl and natural gas at $3.05/MMBtu.
  • After falling in August, Mexican and Brazilian demand for U.S. oil remained flat in September and October. Before the pandemic, Latin America was a stronghold for U.S. oil exports. 
  • Demand for jet fuel on the U.S. West Coast is picking up after a rebound in commercial and cargo flights, a small boost for oil producers.
  • Brazil’s Petrobras raised its estimate for 2020 production by 2.5% to 2.84 million bpd. 
  • The U.S. added sanctions to service providers and funders of the Nord Stream 2 gas pipeline from Russia to Europe. The move is part of the U.S.’s efforts to halt construction of the Russia-backed pipeline.
  • Natural gas continues to gain at the expense of coal in the U.S.:
Natural Gas Quickly Outpacing Coal

Supply Chain

Markets

International

Our Operations

  • For registered attendees of the MAPP 2020 Benchmarking and Best Practices Conference, stop by M. Holland’s virtual booth and watch our recorded breakout session here.
  • Global Healthcare Manager Josh Blackmore will be a featured speaker at the Plastics in Healthcare Virtual Edition, sponsored by Plastics News, October 26-30. The title of his talk: Applying the Lessons from the First Wave of COVID-19 to Successfully Navigate the Second
  • Resource Center: M. Holland offers a host of resources to clients, prospects and suppliers. To arrange a videoconference or meeting, contact:
  • To access 3D Printing training, order parts and seek technical assistance, visit our new online resource.

Thank you,

M. Holland Company

We will provide further COVID-19 bulletins as circumstances dictate. For all COVID-19 updates and notices, please refer to the M. Holland website.

Stay informed with industry trends and insights.

Stay informed with industry trends and insights.
This field is for validation purposes and should be left unchanged.