Singapore fuel oil stocks at 8-week lows; net imports nearly halve

Residual fuel oil stocks at key trading hub Singapore eased for a second straight week, while net imports nearly halved, official data showed on Thursday. Onshore fuel oil stocks fell 3% to 17.81 million barrels (2.80 million metric tons) in the week to July 19, data from Enterprise Singapore showed. Weekly net imports, calculated by …

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