Asia middle distillates: Key market indicators for May 17-20
The Asian middle distillates complex was expected to face some downward pressure over May 17-20 from weak arbitrage economics, though recovering demand in most economies in the region, coupled with tight supply, continue to place a floor under the market. At 9:30 am Singapore time (0130 GMT), the front-month July ICE Brent crude oil futures contract stood at $114.82/b, up…