ASIA RESIDUAL FUELS: Key market indicators for July 12-15

Singapore marine fuel oil 0.5%S supply was expected to ease slightly in the week of July 12-15 as refiners started selling spot cargoes on a high crack spread. High sulfur fuel oil supply was likely to remain ample July 12-15 due to increasing inflows to Asia, sources said, even though Saudi Arabia has started buying HSFO for demand in the…