Oil markets rose on Monday, with Brent remaining above $60 per barrel on expectations that an OPEC-led production cut due to expire next March would be extended, although rising exports from Iraq kept a lid on prices. SEE MORE Choking back the flow of crude to boost prices was an easy decision for OPEC and Russia to make last year when inaction would have almost certainly led to economic oblivion. SEE MORE Spot polyethylene (PE) prices in the Gulf Cooperation Council (GCC) are expected to be stable-to-soft on weak demand, despite continued bullishness in the Chinese markets. SEE MORE China’s ongoing anti-dumping investigation on styrene monomer (SM) imports from South Korea, Taiwan and the US may delay term negotiations for 2018, industry sources said. SEE MORE Viet Nam Rubber Group (VRG) has targeted annual sales of VND40 trillion (US$1.76 billion) after equitisation. SEE MORE