Singapore fuel oil stockpiles slump to 16-week low

The volume of fuel oil stored in onshore tanks at key trading hub Singapore fell to its lowest in 16 weeks, data showed. Fuel oil stockpiles were at 16.86 million barrels (around 2.65 million metric tons) in the week to Sept. 11, sliding 10.1% from the previous week, Enterprise Singapore data showed. The drop came …

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