Formosa Lin News Today

In under a month, almost all companies in the European Union will be barred from purchasing seaborne cargoes from Russia

An oversupply of naphtha at a time of poor demand has squeezed the product’s Asian margins to their weakest levels since the 2008 global financial crisis, traders and analysts said. As Asian refiners boost output of more lucrative products – gasoline and diesel – to overcome global shortages, they are pumping out more naphtha, which ...