Asia residual fuels: Key market indicators for Feb 14-18

Fewer arbitrage low sulfur fuel oil volumes are expected to arrive in Singapore in March, compared to February, according to initial estimates by traders, who attributed the widening backwardation to the tighter replenishment supply. In contrast, a stock build in the high sulfur fuel oil market is expected to limit premiums in the Singapore ex-wharf 380CST market, bunker suppliers in…