Asia residual fuels: Key market indicators for Feb 7-11

Post-Lunar New Year demand is expected to bolster procurement and the sentiment for both very low sulfur fuel oil and high sulfur fuel oil bunker supply in the north Asia markets, bunker suppliers said. Morning discussions saw for the ICE April Brent futures contract trading at $93.06/b at 0300 GMT Feb. 7, up $1/b from the 0430 GMT Feb. 4…