SINGAPORE: Asia's gasoline crack dived about 71% to a three-and-a-half-week low of 57 cents a barrel premium over Brent crude as spike in new coronavirus infections across several countries could dent summer demand, industry sources said.

This came at a time when supplies are still ample.

Asian gasoline exports for June are expected at around 4 million tonnes, rebounding from the lowest level seen this year at about 3.4 million tonnes for May, according to data from Refinitiv Oil Research.