Russia's refined oil product exports to Singapore to hit highest this year in May, traders say
Oil
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Article by:
Trixie Sher Li Yap - Reuters
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Date Published:
May 10, 2024
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Who was cited:
Armaan Ashraf, Head of NGLs - FGE Singapore
"The refinery (attack) impact wanes off through May and June, which is why we may expect higher exports from Russia," said Armaan Ashraf, global head of natural gas liquids at FGE. He was referring to drone attacks by Ukraine on oil processing facilities in Russia since the start of the Ukraine war.
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