Asia’s Naphtha Prices Jump After Attack on Russian Fuel Tanker
Oil
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Article by:
Elizabeth Low - Bloomberg
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Date Published:
January 29, 2024
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Who was cited:
FGE
Refinery margins for processing naphtha — a vital feedstock for the petrochemical industry - jumped to the highest level since May 2022 in Asia as traders recalibrated risks surrounding Russian shipments following an attack on a tanker carrying the fuel from the country.
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