23
Jan

Asia Fuel Oil: Premiums rangebound; inventories at four-week high

Spot fuel oil premiums were little changed on Thursday, while onshore inventories at Singapore edged up to a four-week high. Inventories have been holding above average levels, with most recent data showing volumes above 21 million barrels. Most of the week’s imports came from Brazil, Saudi Arabia and Russia, while majority of exports were headed …