OPEC crude production fell 534,000 bbl/day month on month in March to the lowest level since February 2015 as economic turmoil in Venezuela added to the impact of planned supply cuts among member states, the cartel said on Wednesday. SEE MORE Slowdowns in growth are expected for 70% of global economies this year amid widespread political and financial stresses, with a projected rebound next year predicated on a “precarious” emerging market recovery, according to the International Monetary Fund (IMF) on Tuesday. SEE MORE Petrochemicals and polymer producers faced difficult headwinds in the first quarter of the year, with demand growth slow and overcapacities influencing prices and margins. SEE MORE With the consumer price index well controlled in the first three months of the year, high-profile international organisations believe that the country will successfully rein in inflation this year. SEE MORE The fuel price stabilization fund should be disbanded due to multiple inadequacies related to the use of the fund over time, though Vietnam needs to keep the fund active for the time being, since fuel price governance is still in need of State intervention, Deputy Minister of Industry and Trade Do Thang Hai told a press briefing on April 5. SEE MORE