Singapore Fuel Oil Stocks Slip to Six-Month Low
The total this week was the lowest since the week to November 2, and the number has fallen every week since April 5.
Source: shipandbunker.com
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The total this week was the lowest since the week to November 2, and the number has fallen every week since April 5.
April's sales were 9.1% lower than the average seen over the previous 12 months.
HSFO's share of the total was 18.2%, down from 28.1% a year earlier.
Singapore's bunker volumes reached a three-month high in April, while bunker calls advanced to a two-year high.
The changes may be as a result of shifting global fuel oil tradeflows after the outbreak of war.