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Spirethoughts - Archive

Spire's past Spirethoughts appearances.

Indonesia’s untapped digital finance potential
Vietnam’s pursuit of FDI
Vietnam ascends the value chain
Vietnam Drives the Fast Lane
Vietnam’s online marketplace: ready, set, boom!
Refilling to reduce the global plastic binge

Crude oil prices and the environment

Travel bans created a 33% decline in demand for oil, while the ill-timed price war between Saudi Arabia and Russia led to excess supply of discounted oil. With the world’s oil storage capacity almost full, oil prices are at its lowest point since the 1990s.

This low oil prices could mean that manufacturing new plastic products would be cheaper than recycling them.

Will the recycling industry take a back seat because of higher manufacturing costs?


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Marie Teo
Manager, Group Marketing Communications
Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: marie.teo@spireresearch.com

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