Singapore Fuel Oil Inventories Hit 5-Week High On Growing Net Imports

Capt. John

Singapore residual fuel oil inventories climbed 5% in the week to June 9, extending sharp gains from the previous week as export volumes plunged, official data showed on Thursday. Onshore fuel oil stocks rose by 1.32 million barrels, or about 209,000 tonnes, to a five-week high of 26.92 million barrels, or 4.24 million tonnes, Enterprise …

The post Singapore Fuel Oil Inventories Hit 5-Week High On Growing Net Imports first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/singapore-fuel-oil-inventories-hit-5-week-high-on-growing-net-imports/

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