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Bunkers Singapore Political Risk and Trade

Singapore bunker suppliers suspend term contracts in anticipation of tighter supplies

  • Possible military stockpile at the world’s top bunkering hub could halt MGO sales in the coming weeks
  • MGO prices surge, with producers suspending term contracts to bunker suppliers
  • Refinery turnarounds and regional bunker cargo hoarding hint at looming shortages
  • Ex-wharf availability is expected to tighten next month

  • News

Vietnam and Thailand have stopped selling bunkers to traders and bunkerers while China halts oil product exports. Fuel oil shortages on the cards, with refiners in Singapore and Fujairah declaring force majeure

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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