Asia Distillates-Margins hit one-year low as ample supplies weigh

Asia’s middle distillates markets remained soft, with refining margins GO10SGCKMc1 hitting below the $14 a barrel level for the first time in slightly more than a year as ample supplies remained a key bearish factor. Talks of more India-origin and Middle East-origin cargoes heading to Asia for May continued to weigh on overall discussion levels, ...