ENGINE: East of Suez Fuel Availability Outlook

AI Summary

Fuel availability of VLSFO in Singapore and Malaysia remains tight, with suppliers urging long lead times due to constrained inventories. Supply challenges stem from ongoing US-Iran hostilities disrupting port traffic and affecting cargo inflows in the strategic East of Suez maritime region.

Singapore and Malaysia VLSFO availability in Singapore remains tight, with suppliers recommending lead times of 12-24 days, compared with 16-20 days last week. Supply continues to be under pressure as the port’s fuel oil inventories have yet to recover to pre-conflict levels, while cargo inflows remain affected by renewed US-Iran hostilities that have disrupted traffic ...