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Singapore Tankers and Gas Bunkers

Singapore fuel oil stocks jump 10% on-week as shipping activity slows

Singapore-based fuel oil in floating storage eased 1% to 4.5m tonnes, in the week ended Wednesday. Notably, low sulphur fuel oil stocks in floating storage rose to 3.9m tonnes, up by 2% week on week

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This rise in inventories has come despite a 54% plunge in imports during the same period. Residual fuel oil stocks are up 18% compared with the corresponding period in 2019

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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