UPDATE 1-Singapore reforming margin hits 10-yr high

Newswire

(Adds details, quotes) By Felicia Loo SINGAPORE, May 20 (Reuters) - Singapore's reforming margin surged beyond $11 a barrel, the highest in a decade, underpinned by roaring motor fuel prices worldwide and a relatively soft regional naphtha market, traders said on Thursday. The reforming margin in the benchmark spot Singapore market, or the price difference between 95-octane gasoline and naphtha, is assessed at $11.10 a barrel, sharply up from $9.65 in early May. "The reforming margin ...

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