Singapore’s LSFO market faces near-term pressure on buoyed stockpiles

Capt. John

The Singapore low sulfur fuel oil spot ex-wharf premiums would remain pressured in the near term, weighed by persistently thin demand for late-July and early-August loading cargoes amid expectations of increasing supplies at the world’s largest bunker hub of Singapore, traders said July 12. The...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/071323-singapores-lsfo-market-faces-near-term-pressure-on-buoyed-stockpiles

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