Monday, April 25, 2011

Spread between naphtha and gasoline widens in the Middle East

Gasoline premiums in the Middle East edged higher this week on pockets of buying and a strong market in the West, and amid the widening spread between naphtha and gasoline as per Reuters. In Europe, ggasoline crack spreads improved as product prices outpaced oil market gains, supported by ongoing maintenance at Europe's key refineries.

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