17 July 2006 05:32 [Source: ICIS news]
This follows on from Friday’s close of $686-688/tonne delivered basis for first half September, which was $10-12/tonne or almost 2% higher than Thursday’s close of $676/tonne – the previous record.
August Nymex Access WTI futures opened on Monday at $77.03/bbl, before rising to $77.40/bbl due to ongoing tensions across the ?xml:namespace>
Traders said that crude oil prices have sustained the high naphtha levels, even though Asian demand sentiment remained weak.
By: Lee Kong Lin
+65 6780 4386
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