What is behind the rising volume of Russian oil arriving in Singapore?

🇸🇬 Hellenic Shipping News (SG) —

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The volume of Russian fuel oil arriving in Singapore has reached a one-year high due to supply constraints from the Middle East caused by regional war. In April, approximately 1.26 million tonnes of Russian oil were detected in Singapore waters, according to ship-tracking intelligence.

The volume of Russian fuel oil in Singapore waters has risen to the highest level in a year, as a war constricts supplies from the Middle East, ship-tracking data shows. Around 1.26 million tonnes of the oil arrived in the Republic in April, cargo-tracking and energy market intelligence firm Vortexa told The Straits Times. This ...

World Conflict Politics Markets Commodities Energy Shipping Russian oil Singapore fuel oil Middle East war ship tracking energy supplies cargo volumes

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