Oil prices fell on Friday in Asia after a 3% jump in the previous session on suggestions that global supplies could balance by the middle of next year. SEE MORE The dollar firmed against most major counterparts on Friday as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year's policy outlook. SEE MORE Oil prices have rebounded a great deal since 2016, and interest in the space has been renewed. Last year, oil production rose modestly in tandem with prices, but did not outpace demand. SEE MORE The increasing popularity of electric vehicles (EVs) is at this point undeniable, with automakers from Volkswagen (FWB:VOW) to Mercedes Benz announcing the launch of new models and plans at an unstoppable speed. SEE MORE Weakening automotive industry production, softer construction markets and a decline in oil pricing could lead in 2019 to the weakest revenue growth for European chemicals since 2015, according to analysts at investment bank UBS. SEE MORE