A majority of the OPEC and independent oil producers participating in a current deal to cut supply like the idea of a long-term producers’ alliance, the energy minister of the United Arab Emirates said on Thursday. SEE MORE Oil steadied after jumping to the highest in more than three years on concern that escalating tensions in the Middle East could lead to conflict and disrupted supplies. SEE MORE Base metals prices on the London Metal Exchange are consolidating this morning, Wednesday April 11, following a strong recovery in the previous session. SEE MORE Southeast Asian polypropylene (PP) prices fell for a fifth consecutive week in early April, though some market players believe that the spot market is likely to stabilize in the weeks ahead. SEE MORE Pricing moved lower on the week amid expectations of improved supply while demand remained muted. Prompt spot toluene prices fell 8 cents on the week to close Friday at 264 cents/gal FOB USG while April mixed xylenes moved lower in concert, closing Friday's session at 251 cents/gal FOB USG. SEE MORE