India’s Essar Oil sells 25,000 tonnes naphtha to Glencore

09 July 2012 08:30  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Essar Oil has sold by tender 25,000 tonnes of naphtha for loading from Vadinar on 29 July-2 August to Swiss trading firm Glencore, traders said on Monday.

The cargo was awarded at a premium of $15/tonne (€12/tonne) to Middle East quotes FOB (free on board), they added.

($1 = €0.82)

By: Samuel Wong

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