Petrochemicals – of which plastics are the dominant output – now account for roughly 75% of net global oil-demand growth, and are projected to become the largest driver of future oil demand. Plastic production has already doubled in the past two decades. Major oil companies are responding accordingly. Recent consolidation – including a $60bn merger creating one of the world’s largest plastics producers – reflects a deliberate pivot toward petrochemical assets as a long-term demand anchor.
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As more women set up households of their own, the pool of single women has grown faster than the number of owners, pulling the above percentage down even as the total count climbs to a record. But that decline isn’t a sign of retreat. “The rate fell not because fewer women owned homes, but because more women formed independent households,” Matt Schulz, chief consumer finance analyst at LendingTree, told Fortune.
Кулевский терминал. Фото: Andre Hosper / Wikipedia