Asia Naphtha/Gasoline-Naphtha margin rises, backwardation widens to $6/t

Capt. John

Asia’s naphtha refining profit margin rose on Tuesday on the back of healthy activity in spot markets, but the gains were limited by volatility in crude oil benchmarks due to persisting tensions in the Middle East. The crack rose by about $2 to $48.40 per metric ton over Brent crude. The...

https://www.hellenicshippingnews.com/asia-naphtha-gasoline-naphtha-margin-rises-backwardation-widens-to-6-t/

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