Asian marine fuel market recovery slows amid thin demand, ample supply

Initial signs of recovery seen in the Asian marine fuel market have faded amid ample supply and slow demand with the contango structure weakening from three-month highs reached June 5, market sources said June 12. Market structure for the benchmark Singapore Marine Fuel 0.5%S swaps had inched up from a one-month low of minus $9.80/mt …

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