Asia Fuel Oil-Cash market sluggish, eye on July supply flows
Reuters - 9 minutes agoSINGAPORE, May 22 (Reuters) - Asia fuel oil cash premiums remained sluggishon Wednesday on oversupply, but there was growing consensus among traders thatarbitrage flows in the backend of June would be thin, providing a floor forprices. Asia cash premiums for the 380-centistoke (cst) benchmark for the marinefuels market were pegged at 25 cents a tonne, steady to levels seen in theprevious session, while the timespread widened 12.5 cents to 75 cents a tonne. ... More »Asia Fuel Oil-Cash market sluggish, eye on July supply flows
