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economy

Oil slipped over $2 as OPEC tempers 2026 supply outlook
13 Nov 2025 Oil prices tumbled on Wednesday, losing more than $2 a barrel after OPEC indicated that global supply could balance with demand in 2026 — a shift from its earlier projection of a deficit.
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13 Nov 2025

economy

India rescinds BIS mandates on PP, PE, PVC and other key polymers

India’s Ministry of Chemicals and Fertilizers has revoked the Bureau of Indian Standards (BIS) Quality Control Orders (QCOs) covering a wide range of petrochemical products
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13 Nov 2025

economy

Commodity Exchange: 13 November 2025

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 13 November 2025 session with the following settlements.
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12 Nov 2025

economy

Oil climbed as US sanctions lingered but oversupply fears capped gains

Oil prices rose on Tuesday, supported by renewed geopolitical tensions and easing political uncertainty in the US, though lingering concerns over global oversupply kept gains in check.
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12 Nov 2025

economy

Freightos Baltic: Transpacific freight surged after November GRIs; US Supreme Court case could briefly ease tariffs

US policy developments could further influence freight dynamics. The Supreme Court recently heard an appeal challenging the administration’s use of the International Emergency Economic Powers Act (IEEPA) to impose fentanyl-related tariffs.
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12 Nov 2025 EDC VCM

economy

Emirati TA’ZIZ signs long-term EDC and VCM supply deal with India’s Sanmar Group

UAE-based petrochemical developer TA’ZIZ has signed a long-term agreement to supply India’s Sanmar Group with over 350,000 tonnes/year of ethylene dichloride (EDC) and vinyl chloride monomer (VCM)
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12 Nov 2025

economy

Commodity Exchange: 12 November 2025

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 12 November 2025 session with the following settlements.
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11 Nov 2025

economy

Saudi’s PetroRabigh transfers marketing rights from Sumitomo to Saudi Aramco

Rabigh Refining and Petrochemical Company (PetroRabigh) has completed arrangements to transfer the marketing rights of its products from Sumitomo Chemical Co., Ltd. (Sumitomo) and its affiliates to Saudi Arabian Oil Company (Saudi Aramco) and its affiliates.
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