Wednesday, February 27, 2013

Chevron buys 35,000 tons of naphtha from ONGC in a rare move

Chevron has bought 35,000 tons of naphtha from India's Oil and Natural Gas Corp (ONGC) for March 3-4 loading from Hazira in a rare move, as per Reuters. Chevron paid a premium of about US$50/ton to Miiddle East quotes on a free-on-board (FOB) basis.




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