8When President Biden announced earlier this week that the federal government would be releasing 50 million barrels of crude from the strategic petroleum reserve, perhaps those around him expected prices to go down significantly and stay down. Instead, prices rose, and OPEC+ gave a heavy hint it might cut supply.

8Oil prices climbed on Tuesday, extending a rebound from last week's plunge on growing expectations major producers would pause plans to add crude supply in January amid uncertainty over the severity of the Omicron coronavirus variant.

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Petrochem sources reported a significant fall in C9 solvent prices in the Chennai market.

On November 30, 2021, caprolactam prices increased in the Ahmedabad market.

On November 30, 2021, caprolactam prices increased in the Ahmedabad market.

On November 30, 2021, the Mumbai chemical market witnessed a sharp rise in polymeric MDI prices.

High hydrogen peroxide prices were recorded in Ahmedabad today.

New prices for dichloroethane have been announced at Ahmedabad.

On November 30, 2021, trading sources reported a huge fall in dichloromethane prices in the Ahmedabad chemical market.

On November 30, 2021, the Delhi market witnessed a rise in diethanolamine prices.

On November 30, 2021, Petrochem sources reported a sharp fall in paraformaldehyde prices at Delhi.

A rise in pine oil prices was seen in Delhi today.

Benzyl alcohol prices were assessed lower in the Delhi market.

DEG prices witnessed a significant fall in the Chennai market.

On November 30, 2021, trading sources reported a fall in phenol prices in the Mumbai chemical market.