22 March 2013 10:00 [Source: ICIS news]
SINGAPORE (ICIS)--Here is Friday’s end-of-day Asia oil and chemical market summary from ICIS.
CRUDE: May WTI: $92.42/bbl, down 3 cents; May Brent: $107.02/bbl, down 45 cents
Crude prices fell in the afternoon as investors eye a Monday deadline for Cyprus to raise the funds needed to secure an European bailout.}
NAPHTHA: $920-922/tonne CFR Japan, down $1 at the high end
Open-spec first-half May contract dropped at the upper end of range amid cracker run cuts and weaker crude futures.
PROPYLENE: $1,300-1,330/tonne CFR NE Asia, steady
Buyers and sellers withdrew to the sidelines to wait and watch amid uncertainty over the market outlook. Buying interest remained capped at the low-$1,300s/tonne CFR NE Asia.
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