Asian MTBE Prices Rise on Crude

Asia MTBE: Prices firm tracking uptick in gasoline, crude / US crude stocks retreat from eight- month high / South Korea MTBE exports rise MOM in Jan

Jun 03, 2026

Asian MTBE FOB Singapore at $688.54/mt on Feb. 20, up $10.27/mt day over day, tracking strength in related gasoline and upstream values. Crude oil futures rose in Asian afternoon trading Feb. 20 as US-Iran tensions persisted and US inventories. At 2:26 pm Singapore time (0626 GMT), the ICE April Brent crude oil futures contract rose 57 cents/b (0.80%) from the previous close to $72.23/b, while the NYMEX March light sweet crude contract increased 57 cents/b (0.86%) to $67/b. Iran has conducted military drills in the Strait of Hormuz and the US has sent a large number of aircraft and warships to the Middle East, according to media reports, while also imposing tariffs on Iranian trade. Separately, the latest report by the US Energy Information Administration showed that US crude oil...

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