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Crude prices lingered around the USD 77.13 per barrel mark during late Asia trading hours, to retreat later on the same day under USD 76/bbl on mixed market signals regarding global economic recovery.

In Singapore, earliest delivery is presently around 24th – 25th of July. Additionally, one key supplier mentioned no heavy fuel oil availability until the end of the month.

In Piraeus, product availability and delivery schedules are normal with earliest delivery around 23rd of July.

In Ceuta, one supplier reported earliest barge supply by the 28th of this month.

In Las Palmas, low sulphur fuel oil is tight while replenishment is expected by the 21st of July.

In Panama, one major can accommodate deliveries at both sides of the canal by earliest the 24th.

China has launched an operation to clean up a large oil spill in the yellow sea after two oil pipelines exploded in the port city of Dalian.

In Hong Kong, IFO availabilities are said to have improved and MGO availability is also said to be good