Oil prices edged higher on Friday as investors navigated shifting supply signals and renewed geopolitical tensions. Market sentiment remained fluid, shaped by OPEC+ output considerations and potential US measures targeting Russia and Iran.
Lotte Chemical Corporation (LCC) has announced plans to sell a 25% stake in its Indonesian subsidiary, Lotte Chemical Indonesia (LCI), through a Price Return Swap (PRS) agreement. The move aims to strengthen LCC’s financial position amid ongoing challenges in the petrochemical sector.