News  Sources

Singapore's middle distillates stocks dip for third week amid...

Singapore's middle distillates inventories fell for a third straight week, with stocks of diesel/gasoil and jet fuel/kerosene at key oil storage hub Singapore decreasing. Net exports of gasoil/diesel increased significantly, driven by a drop in total imports. More cargoes from India and the Middle East are expected to arrive in the next two weeks. The city-state is expected to import between 5 million and 6 million barrels of diesel/gasoil in September, reaching a four-month high. Jet fuel/kerosene net exports decreased by around 46% from the previous week.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-13868301/Singapores-middle-distillates-stocks-dip-week-amid-robust-net-exports.html
Source Id: 2024-09-489897046

share this article:  

Our mission is to provide you with up-to-date, concise news from multiple sources in one place, keeping you informed about Israel.
 
Hit 'Subscribe' to get the latest curated news about Israel delivered daily to your inbox