Posted inSingapore

Singapore’s oil traders at risk of collapse

SINGAPORE – The implosion of one of Singapore’s biggest oil traders, Hin Leong Trading, has sent shockwaves through the city-state’s commodities sector as global oil markets reel from the double whammy of a supply glut and pandemic-pummelled demand. Local lenders are now curtailing their exposure to all but the biggest industry players, raising the prospect […]

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