Wednesday, July 25, 2007

Gasoline, Naphtha Drop in Europe as Brent Oil Remains Below $75 a Barrel

(Bloomberg) -- European gasoline and naphtha prices
for August fell as Brent crude oil remained below $75 a barrel on
speculation the U.S. will make enough gasoline to meet late-
summer demand. Propane was unchanged after falling three days.

Gasoline swaps prices for loading in Amsterdam-Rotterdam-
Antwerp in August dropped for a third day, declining $2.71 to
$674.86 a ton as of 11:14 a.m. in London, according to the energy
broker PVM.


Read more at Bloomberg Energy News

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