Despite lower net imports, Singapore fuel oil stocks surge to over 4-year high

Capt. John

Singapore residual fuel oil inventories jumped 11% to a more than four-year high in the week to May 5 despite lower net import volumes which sank to a five-week low, official data showed. This also came amid steady to lower marine fuels demand at the world’s top bunkering hub as some buyers have...

https://www.hellenicshippingnews.com/despite-lower-net-imports-singapore-fuel-oil-stocks-surge-to-over-4-year-high/

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