Singapore fuel oil inventories fall 5% as net imports drop

Singapore residual fuel oil inventories fell 5% in the week to Jan. 19, slipping from a near two-month high in the previous week as net import volumes shrank, official data showed on Thursday. Onshore fuel oil stocks fell by 1.14 million barrels, or about 180,000 tonnes, to a two-week low of 21.2 million barrels, or …

The post Singapore fuel oil inventories fall 5% as net imports drop first appeared on Hellenic Shipping News Worldwide.

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