TITLE

4TH OF JULY HOLS… BUT WHERE'S THE GASOLINE?

AUTHOR(S)
Gibson, Jane
PUB. DATE
July 2006
SOURCE
ICIS Chemical Business;7/10/2006, Vol. 1 Issue 27, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of the high gasoline demand on the spot prices of European and Asian naphtha. Such demand is driving up naphtha prices forcing the Asian naphtha premium over Brent crude as high as $115/tonne for August 2006. Recent turnarounds in Asia have tightened naphtha supply. The naphtha shortfall will have grown from its current 40m tonne/year to around 110m tonne/year by 2025.
ACCESSION #
22735906

 

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