The German government has set aside around 1 billion euros ($1.1 billion) to support battery cell production, and it aims to have 30 percent of such production coming from Germany and Europe by 2030, the economy minister said. SEE MORE OPEC and its partners are discussing a proposal to cut oil output by up to 1.4 million barrels per day (bpd) for 2019, three sources familiar with the issue said, to avert an oversupply that would weaken prices. SEE MORE OPEC has cut its forecast for global crude oil demand growth in 2018 and 2019 for the second month in a row, on the back of further weaker-than-expected demand from the Middle East and China during the third quarter. SEE MORE NYMEX WTI crude futures for December delivery finished lower for the 12th consecutive session on Tuesday, settling at $55.69/bbl, down $4.24, after OPEC lowered for the fourth consecutive month its outlook for global oil demand. SEE MORE Russia’s production of unmixed polyvinyl chloride (PVC) increased to 784,900 tonnes in January-October, up 7% year on year, according to MRC ScanPlast. SEE MORE