Long Aug 380 E/W
With the Middle East already suffering from high summer temperatures and drawing in a lot of HSFO for generating power, we expect to see demand increase in the East for Aug. Inventories have improved in Singapore over the last 3 weeks, but is still low compared to the 5 year average.
![](https://onyxhub1fe01bf731.blob.core.windows.net/blobonyxhub1fe01bf731/wp-content/uploads/2024/06/image-18.png)
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