In our latest naphtha market commentary:
> Prompt spread in Europe and Asia has flipped to contango after a bullish summer supported by gasoline strength
> Prompt spread in Europe and Asia has flipped to contango after a bullish summer supported by gasoline strength
> NWE cracks feeling the pressure of a strong brent market
> Heavy naphtha premiums continue to weaken vs OSN as strong summer season wanes
> Weak European prices can open the gate to a new round of spot arbs to Asia
