April 21, 2020 / 2:43 PM / 4 months ago

Singapore says oil trading sector resilient despite global demand drop

SINGAPORE, April 21 (Reuters) - Singapore’s oil trading sector remained resilient despite the drop in global demand for energy, three government agencies said in a joint statement.

Enterprise Singapore (ESG), the Maritime and Port Authority of Singapore (MPA) and the Monetary Authority of Singapore (MAS) also said they were closely monitoring developments related to Hin Leong Trading Pte Ltd and the broader oil trading and bunkering sectors.

Reporting by Florence Tan; editing by David Evans

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below