Edition:
United States

Roslan Khasawneh

Singapore fuel inventories hit eight-month low ahead of IMO fuel switch

4:39am EDT

SINGAPORE Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for rule changes to make marine fuel cleaner.

Singapore fuel inventories hit 8-month low as IMO fuel-switch takes effect

Jul 18 2019

SINGAPORE, July 18 Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for cleaner to-be-launched marine fuel rules.

War risk costs drag on UAE marine fuel sales, benefit Singapore: trade sources

Jul 17 2019

SINGAPORE Shippers trying to minimize time in the Middle East after oil tanker attacks pushed up insurance costs are scaling back purchases of marine fuels from the United Arab Emirates' (UAE) Fujairah oil hub, trade sources said.

UPDATE 2-Supply cuts lift Asia oil refining margins to highest since Sept 2017

Jul 12 2019

* Asia oil refining margins more than triple in last three wks -data

Asia fuel oil premiums surge to record as global sulfur shift looms

Jul 05 2019

SINGAPORE High sulfur fuel oil premiums in Asia surged to a record on Thursday, one of the first signs of the impact of a shift in global ship fuel rules set to occur in 2020.

UPDATE 1-Singapore port authority suspends bunker craft licence of Inter-Pacific Petroleum

Jun 28 2019

SINGAPORE, June 28 Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday.

Singapore port authority suspends bunker craft licence of Inter-Pacific Petroleum

Jun 28 2019

SINGAPORE, June 28 Singapore's Maritime Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd, the MPA said in a statement on Thursday.

Linde plans $1.4 billion Singapore expansion, signs Exxon supply deal

Jun 25 2019

SINGAPORE Industrial gases group Linde said on Tuesday it will spend $1.4 billion to boost its Singapore gasification facilities to support the planned expansion of Exxon Mobil Corp's nearby integrated refining complex.

Exclusive: Tanker unloads Iranian fuel oil at China port after near five-month trek - data

May 16 2019

SINGAPORE/BEIJING A tanker carrying Iranian fuel oil in violation of U.S. sanctions has unloaded the cargo into storage tanks near the Chinese city of Zhoushan, according to ship tracking data on Refinitiv Eikon.

Iranian fuel oil cargo sits off Malaysia as U.S. urges sanctions compliance

Mar 29 2019

DUBAI/SINGAPORE A tanker of Iranian fuel oil was sitting offshore Malaysia, ship tracking data on Refinitiv Eikon showed, as a top U.S. sanctions official visiting Singapore on Friday urged local governments to comply with oil trading restrictions on Iran.

World News