The Shanghai International Energy Exchange (INE) is considering using oil storage sites in Singapore owned by PetroChina Co as a delivery point for its low-sulphur fuel oil futures contract, according to two sources with direct knowledge of the matter. The INE’s move would be the first time a Chinese futures contract would be deliverable outside …

The post China’s INE considers Singapore for marine fuel futures delivery: sources first appeared on Hellenic Shipping News Worldwide.