After touching US$103.4, crude oil for April delivery dropped for the day to US$97.2 on the Nymex, while Brent crude hit US$119 before dropping back to US$114. Front-month H1-April naphtha prices spikked by seventy dollars to US$992/ton, peaking to levels highest since Sept.
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Tuesday, March 01, 2011
Brent crude spikes: Naphtha prices in Asia hovers around 2-½ year high
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