AFP – World oil prices were higher in Asian trade Monday on expectations of stimulus measures to boost economic growth in the United States, China and Europe, analysts said. SEE MORE Part of the reason for the Asian
rise, despite reduced production in ABS and polybutadiene, has been the
continued strength of natural rubber, which in turn affects its
synthetic counterparts. This has led to either resistance or acceptance
of butadiene feedstock prices when they rise or fall. SEE MORE HCM CITY — Viet Nam has failed to reap expected
benefits from joining the World Trade Organisation and has in fact seen
slower growth since, experts say. SEE MORE Copper for immediate delivery in China has been more expensive than the metal for future delivery
since May 9, and this price structure may persist as imports
into the world’s largest user slumped. SEE MORE Oil slid from the highest close in
two weeks in New York as investors sought to profit from crude’s
5.8 percent advance in two days. SEE MORE