Stirred but not shaken, Singapore’s oil hub status could see opportunities from US tariff poser
The city-state may be able to leverage its robust infrastructure and strategic location to help companies adjust
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WITH US tariffs shaking up global trade, Singapore could profit by leveraging its position as Asia’s oil trading hub, turning price fluctuations into opportunities and helping companies navigate the turbulence, while securing supply advantages and optimising strategies, say market experts.
“In this evolving landscape, arbitrage opportunities (the practice of taking advantage of a difference in prices in two or more markets) could expand as refiners and traders seek to capitalise on shifting price differentials,” Sam Chua, a principal for Asia-Pacific (Apac) consulting at Rystad Energy, told The Business Times.
He added: “As a regional trading hub, Singapore players could see opportunities to capitalise on these market volatilities to arbitrage, optimise trading strategies, and secure competitive supply advantages amid shifting crude price dynamics.”
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