ENGINE: East of Suez Fuel Availability Outlook

AI Summary

Fuel oil availability of VLSFO in Singapore and Malaysia has tightened further, with lead times extending due to pressure on inventories. The supply disruption is influenced by ongoing US-Iran hostilities affecting cargo inflows and port operations.

Singapore and Malaysia VLSFO availability in Singapore has tightened further, with suppliers now recommending lead times of 16-20 days, compared with 14-19 days last week. Supply remains under pressure as the port’s fuel oil inventories have yet to recover to pre-conflict levels, while cargo inflows continue to be affected by renewed US-Iran hostilities that have ...