Asia’s naphtha prices and refining margins jumped to their highest since 2014 propelled by strong demand growth for the petrochemical feedstock and as alternative liquefied petroleum gas (LPG) becomes expensive amid a global power crunch. LPG prices from the United States, Middle East and Europe have jumped by roughly a third in the past three .
Asia's naphtha prices and refining margins jumped to their highest since 2014 propelled by strong demand growth for the petrochemical feedstock and as alternative liquefied petroleum gas (LPG) becomes expensive amid a global power crunch.