22
Nov

Singapore fuel oil stockpiles retreat to three-week low

Onshore fuel oil storage volumes in Singapore dropped to three-week lows after two weeks of increases, according to data released on Thursday. The inventories STKRS-SIN slipped 7.4% to 16.98 million barrels (about 2.67 million metric tons) in the week ended Nov. 20, based on Enterprise Singapore. Despite the weekly decline, the inventories still averaged higher …