Singapore marine fuel sales slip to lowest in 20 months

Weak demand has dragged on market so far this year, pulling premiums down

20250314 Singapore marine fuel

Oil tankers off Singapore, where vessel calls for bunkering in February this year fell 14.1% from the prior month to 3,075, hitting two-year lows. © Reuters

SINGAPORE (Reuters) -- Singapore marine fuel sales fell to their lowest in 20 months in February, official data showed on Friday.

Volumes at the world's top bunker hub totaled 4.15 million metric tonnes, down 7.1% month on month and sliding 8.1% year on year, data from the Maritime and Port Authority of Singapore showed.

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