Asian oil futures

30 May, 2006

Oil futures on the Tokyo Commodity Exchange (TOCOM) fell across the board on Monday, dragged down by a slide in gasoline futures due to an expected rise in domestic gasoline supplies after the completion of planned maintenance at some refineries.
Gasoline for July delivery fell 910 yen, or 1.35 percent, to close at 66,690 yen per kilolitre (yen/kl), while the benchmark TOCOM October crude contract was down 330 yen, or 0.7 percent.
The gasoline crack to TOCOM crude narrowed to 20,570 yen from 21,420 yen on Friday.

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