The oil market will flip into a modest deficit from the second quarter of this year, with OPEC possessing a hefty supply cushion to prevent any price rally in case of possible supply disruptions, the International Energy Agency said on Friday. SEE MORE The Government is considering withdrawing a proposal from the Ministry of Finance (MoF) to increase environmental taxes on fuel products to the maximum of VND8,000 (US$0.35), stating the move requires further consideration. SEE MORE Luc Van Tan, a HCM City resident, is considering installing solar power panels on his 35sq.m rooftop to save on electricity bills. SEE MORE Liquid caustic soda prices in Asia are expected to continue rising in the near term on the back of tighter supply caused by turnarounds, as well as new contract volumes to Australia, and a possible resumption of shipments to India this month. SEE MORE Asia’s acrylonitrile-butadiene-styrene (ABS) market strengthened this week with suppliers targeting higher numbers, citing elevated feedstock costs. SEE MORE