Asia Naphtha/Gasoline-Gasoline margins reach two-week high; naphtha backwardation narrows

Capt. John

Asia’s gasoline margins climbed on Tuesday to more than a two-week high as 750,000 barrels of the benchmark grade of octane exchanged hands at the closing window. The crack rose to $6.02 per barrel over Brent crude, its highest since Oct. 18. Saudi Aramco emerged as the biggest seller yet again, as...

https://www.hellenicshippingnews.com/asia-naphtha-gasoline-gasoline-margins-reach-two-week-high-naphtha-backwardation-narrows/

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