Singapore's refining sector showing some recovery in July: Refinitiv

Singapore

SINGAPORE'S refining sector has finally shown some recovery in July, as the Republic's three refineries hit full operable capacity for the first time since February 2020 at 1.315 million barrels per day.

This was up from an average of about 80 per cent during the March to June 2020 period and a five-year low of 76 per cent in May, according to Refinitiv Oil Research director Yaw Yan Chong in a commentary on Tuesday.