overbought technical levels

1 articles
BenzingaBenzinga··Evette Mitkov

LyondellBasell Sinks as Naphtha Crisis Roils Petrochemical Markets

$LYB declines as Iranian attacks tighten naphtha supply, spike prices 50% to $875/tonne, forcing Asian petrochemical production cuts.
LYBsupply chainStrait of Hormuz disruption