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Asia Fuel Oil-Fuel oil crack strengthens as July supplies narrow
Shoaib Ur Rehman
28 Jun, 2016
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Copyright Reuters, 2016
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![](https://i.brecorder.com/images/2016/06/oil-fuel00.jpg">SINGAPORE: Asia's fuel oil crack for benchmark 180-centistoke was at its narrowest discount to Dubai crude in more than four months at $6.02 a barrel on Tuesday, lifted by fewer Western cargoes arriving into East Asia next month and tightening producer exports.</P><P>Fewer cargoes are expected to arrive into East Asia in July from the West as a result of a tightly shut arbitrage window throughout the second half of May and the first half of June, as well as fewer exports of the residual fuel from key producers such as the Arabian Gulf, Russia and Venezuela, traders said.</P><P>)
