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Singapore Fuel Oil Stocks at 8-Week High

OIL PRODUCTS

Singapore fuel oil stocks have risen to an 8-week high on higher imports according to Enterprise Singapore figures on Thursday.

  • Singapore fuel oil inventories rose 5.63% to 22.186 million barrels (3.49 million metric tons) in the week to April 17.
  • Total fuel oil imports were at about 950,000 tons, rising 12% w/w.

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