Singapore fuel oil stocks dip despite fourth weekly rise in net imports

Residual fuel oil stocks at key trading hub Singapore dropped 2% from the previous week to hit a four-week low despite net imports rising for a fourth consecutive week, official data showed on Thursday. Onshore fuel oil stocks fell by 2% to 20.81 million barrels (3.28 million tonnes) in the week ended Jan. 11, dropping …

Scroll to Top