Tuesday, November 20, 2012

Gasoline and naphtha cracks in Asia rise on tighter supplies

Gasoline cracks in Asia extended gains to rise to a five-week high of US$9.91 a barrel supported by tighter supplies caused by plant outages in Taiwan and Malaysia, as per R euters. Formosa is operatiing two residue fluid catalytic crackers (RFCCs) at reduced rates this week due to a shortage of fuel oil feedstock.




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