TOKYO (Reuters) - Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar was on the defensive ahead of Federal Reserve Chairman Jerome Powell’s first congressional testimony.

TOKYO (Reuters) - Brent crude prices rose from a three-month low on Tuesday after more oil workers went on strike in Norway, supporting a market that has been dominated by oversupply issues in recent days.

The government plans to reduce rubber plantation area this year as a continuation of its efforts to raise domestic rubber prices.

SEOUL (Reuters) - Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers.

LONDON/NEW YORK (Reuters) - The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market.

WASHINGTON—Nearly all tires imported from China, as well as a long list of rubber products, polymers and other raw materials important to the rubber industry, are subject to a 10 percent tariff proposed by the Trump administration.