Singapore middle distillates stocks dip but remain above 7 mln bbls

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Published15 FEB 24 - 10:37 Reading time minutes

West coast India “exports are now directed towards Singapore rather than Europe, owing to the elevated freight costs associated with European bound voyages”, said Sparta analyst James Noel-Beswick.

Reuters, February 8, 2024 – James Noel-Beswick from Sparta stated that West Coast India exports are now directed towards Singapore rather than Europe due to the high freight costs associated with voyages to Europe.

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