ASIA RESIDUAL FUELS: Key market indicators for June 27-July 1

Marine fuel oil 0.5%S supply in Singapore was likely to remain tight over June 27-July 1 amid a high gasoil crack spread, market sources said. In contrast, supply-demand fundamentals in the high sulfur fuel oil market were expected to remain weak due to increasing cargo inflows to Asia, even though demand from the Middle East was rising to meet summer…