Naphtha Margins Jump To 2022 High as Ship with Russian Fuel Attacked  

Naphtha Margins Jump To 2022 High as Ship with Russian Fuel Attacked  

OilPrice.com

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Refining margins for naphtha in Asia jumped to their highest level in nearly two years on Monday, following an attack in the Gulf of Aden on a tanker transporting Russian fuel.    The profit for making naphtha, a key feedstock for the petrochemicals industry, jumped in Asia on Monday to a premium of $0.25 over Dubai crude, according to data compiled by Bloomberg. Asian traders were spooked by the attack on the vessel carrying fuel from Russia, after the Iran-aligned Houthis had said earlier this month that Russian shipments were…

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