All eyes will be on how oil markets react this week as they weigh the impact of the OPEC/non-OPEC deal agreed on June 22. The monitoring committee overseeing oil output deal agreed to an output increase, but provided no details on allocations. In Asia, plenty of buyer-seller negotiations will likely take place in the Southeast Asian light sweet crude market this week following the emergence of August loading program for Kimanis crude last week. In petrochemicals, China has notified producers in South Korea, Taiwan, and the US of its final antidumping duty rates for styrene monomer imports . Duties on cargoes from South Korea and Taiwan have been lowered, while higher rates have been imposed on cargoes from the US. The decision comes amid an escalating trade war between China and the US. Still on the China-US trade war,this time in metals, sources say the potential 25% China tariff […]