Distillates:Good week in Singapore jet

摘要

Jet loading in Singapore climbed 62 cents/b Friday to 82.61/b,well above the start of the week's level of 79.84/b.Jet swaps also closed higher,with May up 44 cents/b at 83.02/b.The May/June intermonth spread narrowed 15 cents/b to minus 85cents/b.This put June paper at 83.87,up 29 cents/b,while July was up 27 cents/b at 84.72/b.Gasoil was stable Friday with Asian fundamentals little changed.High sulfur product loading in Singapore increased to 81.40/barrel from 81.35/b Thursday.High sulfur gasoil in the region is characterized by low supply,market watchers said.In swaps,May gasoil edged up to 81.40/b Friday from 81.35/b Thursday,and June gasoil increased to 81.40/b from 81.30/b.