Distillates:Singapore jet recovers a bit

摘要

Singapore physical jet recouped Tuesday's losses.The front-month jet/Dubai crack closed at 17.55/barrel,up 9 cents/b on the day.Jet swaps also closed higher,with June up 1.83/b,July up 1.88/b and August up 2/b.In Japan,a total of 10.86 million barrels of middle distillates were produced over May 6-12,down 0.2% from the week ended May 5 and 5.6% lower than the same week of 2006,the Petroleum Association of Japan said.