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Singapore Bunkering at Seven-Month High in July

OIL PRODUCTS

Singapore bunker demand, the worlds largest hub by far, jumped to its highest in seven months in July.

  • At 4.1 million mt in July, it was up 1.4% form a year prior and 9.8% from June according to figures from the Singapore Maritime and Port Authority.
  • Singapore bunker demand has suffered in 2022 because of covid lockdowns across Asia which have impacted shipping activity.

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Singapore bunker demand, the worlds largest hub by far, jumped to its highest in seven months in July.

  • At 4.1 million mt in July, it was up 1.4% form a year prior and 9.8% from June according to figures from the Singapore Maritime and Port Authority.
  • Singapore bunker demand has suffered in 2022 because of covid lockdowns across Asia which have impacted shipping activity.