Singapore fuel oil stockpiles extend rise to 18-week high

Onshore fuel oil stockpiles at key trading hub Singapore rose for a third straight week to hit an 18-week high, data showed on Thursday. Residual fuel inventories (STKRS-SIN) were at 24.126 million barrels in the week to April 23, up 5.4% week-on-week, based on Enterprise Singapore data. Onshore fuel oil stockpiles have averaged at around …

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