Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth.
International Brent futures were at $65.25 a barrel, up 18 cents, or 0.3%, from their last...
Kazakhstan plans to cut its oil exports by around 2% this year to 71 million tons, its energy ministry told Reuters, mainly at the expense of China, amid a production decline.
This is down from 72.5 million tons Kazakhstan exported overseas in 2018, Reuters reported.
Kazakhstan plans to...
Construction of a new ethylene oxide plant will begin soon in Andimeshk, Khuzestan Province, director of public relations of Persian Gulf Petrochemical Industries Company said Saturday.
“The plant will help create sustainable employment and complete the value chain of petrochemical products,”...