Wednesday, October 06, 2010

European naphtha rises: disruption due to strike at French hub blocks crude tankers, vessels

Naphtha prices continue to move north in Europe as the strike in the French hub of
Fos-Lavera entered its ninth day, presently blocking 14 crude tankers and 13 refined product vessels. This has slashhed production at some refineries and pushed up gasoline prices.

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