Asia middle distillates: Key market indicators for May 4-6

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The Asian middle distillates complex is expected to remain volatile during May 4-6, with market participants keenly watching for developments on the possibility of an embargo on Russian oil in the EU, which could lead to importing countries in the EU increasing their reliance on Asian barrels. At 11 am Singapore time (0300 GMT), the front-month July ICE Brent crude…