Iranian fuel oil seen flowing to Singapore

摘要

Around half of Iran's estimated 1.2 million mt (8.04 million barrels) of fuel oil exports loading in February are expected to end up in Singapore, market sources said this week. Iran is believed to have exported around 760,000 mt of fuel oil in January, of which Singapore likely received around 100,000 mt late in the month, after sanctions were lifted, the sources said.