LyondellBasell Industries NV slashed its fourth-quarter dividend by almost half as the chemical maker cited challenging market conditions.
The LyondellBasell Houston refinery in Houston, Texas, US, on Monday June 23, 2025. Efforts to de-escalate the Middle East conflict spurred a selloff in oil, easing concerns about inflation and driving stocks higher on hopes the Federal Reserve will have room to cut rates despite Jerome Powell's wait-and-see signals.
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