Most of its cargoes were bound for Southeast Asia, according to trade sources and shipping data. Meanwhile, exports from Singapore onshore tanks fell 25.8 per cent week-on-week to about 352,000 tonnes.
China remained the top destination for Singapore’s fuel oil outflows, as in prior weeks. The spot market for high-sulphur fuel oil retained strong premiums in recent sessions, while low-sulphur fuel oil held in discounts.
(Reporting by Jeslyn Lerh; Editing by Eileen Soreng)
