Singapore’s fuel oil inventories declined by 9% in January

Residual fuel oil stocks in Singapore averaged 9% lower in January than in December, data from Enterprise Singapore shows. Changes in monthly average Singapore stocks from December to January: Residual fuel oil stocks down 2.25 million bbls to 23.55 million bbls Middle distillate stocks up 140,000 bbls to 8.40 million bbls Singapore’s fuel oil stocks …

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