At the start of the week, Asia's naphtha crack dipped to 2-1/2-week low of US$93.45/ton, amid expectation of increased supplies from Europe and Middle East to the East from April. ADNOC is estimated to increase exports to over 10 mln tpa compared to about 7.5 mln tpa upon capacity expansion at Ruwais refinery targetted to more than double its initial 415,000 bpd capacity. This will couple with increased Western cargoes, as per Reuters.
10-Mar-15 
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