Asia residual fuels: Key market indicators for April 25-29

The Singapore fuel oil market is likely to see support both in low- and high-sulfur grades in the April 25-29 trading week due to tight supply. Singapore marine fuel 0.5%S is expected to see supply tightness in sulfur cutter stocks, while the prevailing specification issue is lending support. Crude oil futures opened higher in Asia on April 25, with June…