1. AG ME refinery merchant naphtha trade will decline despite higher crude runs as refiners make more gasoline 2. As EoS condensate production grows, area's dedicated use does, too 3. Crude oil refineries no longer condensate's main disposal outlet-growing competition from dedicated splitters 4. Despite rising condensate splitting in AG ME, increasing captive use of naphtha trims naphtha to trade 5. New dedicated uses for condensate will further diversify condensate market - creates a price tug-of-war.
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