Definition of "naphtha" [naph•tha]

• Any of several highly volatile, flammable liquid mixtures of hydrocarbons distilled from petroleum, coal tar, and natural gas and used as fuel, as solvents, and in making various chemicals. (noun)
• Obsolete Petroleum. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Japanese buyers after difficult negotiations, in a shocking move time cut its term naphtha offer to $13 a tonne premium, despite sealing a deal MOSCOW, Nov 17 (Reuters) - Russia will sell its ..."
• "(Adnoc) has offered its term naphtha supplies at $19. 50-$22.00 a tonne premium to its own price formula, and at least one buyer has accepted, traders involved in the deal"
• "China output holds firm, iron ore at all-time high Asia at 6 percent to 13 percent * Saudi increase supplies to big oil companies 5-10 percent * One main Asian lifter to get full contracted volume (Updates throughout) By James Topham and time cut its term naphtha offer to $13 a tonne premium, despite sealing a deal"