ONGC fetches 9 month high premiums on March naphtha cargo

09-Feb-12
Oil & Natural Gas Corp has sold a March naphtha cargo to Vitol at US$35-36/ton above Middle East quotes on a free-on-board (FOB) basis. This is the highest premium it has fetched in nine months, as per Reuters. The 35,000 ton cargo is scheduled for March 1-2 loading from Mumbai. Supplies are currently tight in Asia as buyers have a slim chance of drawing European cargoes due to refinery closures in Europe and the United States.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha
Reclamax single step plastic recycling machine

Reclamax single step plastic recycling machine