ONGC sells naphtha at lower premium as compared with May

Oil & Natural Gas Corp (ONGC) has sold 35,000 tons of naphtha for June lifting at a premium of US$3-4/ton to Middle East quotes, on a free-on-board (FOB) basis. These premiums are much lower than premiums of US$16/ton realized for sales for a May cargo, mainly due to reduced demand and unusually high spot exports from Europe and the Middle East to Asia.
  More News  Post Your Comment
{{comment.Name}} made a post.




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