May 23, 2024 10:06 GMT
Singapore’s Fuel Oil Inventories Hit Lowest Since 2018
OIL PRODUCTS
Stockpiles of fuel oil in the Singapore hub fell to 15.8m bbl, the lowest level since Oct. 2018, according to Bloomberg.
- This is 28% below the seasonal average, Bloomberg calculations showed.
- Middle distillate inventories were up 8% on the week to 10.9m bbl, while light end stockpiles were down 5% to 14.5m bbl.
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