Oil traded near $57 a barrel as U.S. crude output climbed to a fresh record, offsetting a bigger-than-forecast drop in stockpiles. SEE MORE China’s soda ash market may remain in a correction phase into early 2018 as domestic supply outstripped demand for the first time since June. SEE MORE Copper prices gained for a fourth straight session on Monday, supported by a weaker dollar and data from top consumer China that indicated higher demand. SEE MORE A widespread gas shortage in China has been disrupting domestic chemical production and this condition could continue through the first quarter of next year. SEE MORE European cracker margins based on naphtha feedstock have risen week on week, giving contract margins the advantage over those based on liquefied petroleum gas (LPG), according to ICIS margin analysis on Monday. SEE MORE