Asia Naphtha/Gasoline-Gasoline rebounds to 6-month high; naphtha up

15 Aug, 2017

- The recent firm demand for spot and term naphtha had also helped soak up supplies and drive up prices.

- Asia is expected to receive up to 3 million tonnes of naphtha from the Middle East this month, up from 2.5 to 2.6 million tonnes in July, data from Thomson Reuters Oil Research showed.

- Naphtha volumes arriving in Asia from the West including Europe are so far seen at up to 1.2 million tonnes, the data showed.

 

Copyright Reuters, 2017
 

 

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