Energy Shock Spotlights Singapore's Refineries, DBS Chief Economist Says -- Market Talk

Dow Jones

Apr 02

0054 GMT - Singapore's refineries have taken on a sudden strategic importance for regional economies in light of the war of the Middle East, says DBS chief economist Taimur Baig. That's because countries like Australia and New Zealand are big importers of refined petroleum from Singapore, he says. Such economies are now very keen to know if Singapore can continue refining at the same quantities that it has in the past. Baig says there are no signs of a pullback yet, but if refiners can't get enough LNG from the Middle East and production from elsewhere is earmarked in long-term contracts, that'll be a problem. "They can't just turn on the tap and make more LNG," so the hope is that more shipments will start to flow from the Middle East. (fabiana.negrinochoa@wsj.com)

(END) Dow Jones Newswires

April 01, 2026 20:54 ET (00:54 GMT)

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That's because countries like <a href=\"https://laohu8.com/S/AN3PF.AU\">Australia and New Zealand</a> are big importers of refined petroleum from Singapore, he says. Such economies are now very keen to know if Singapore can continue refining at the same quantities that it has in the past. Baig says there are no signs of a pullback yet, but if refiners can't get enough LNG from the Middle East and production from elsewhere is earmarked in long-term contracts, that'll be a problem. \"They can't just turn on the tap and make more LNG,\" so the hope is that more shipments will start to flow from the Middle East. (fabiana.negrinochoa@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2026 20:54 ET (00:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Energy Shock Spotlights Singapore's Refineries, DBS Chief Economist Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEnergy Shock Spotlights Singapore's Refineries, DBS Chief Economist Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-02 08:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0054 GMT - Singapore's refineries have taken on a sudden strategic importance for regional economies in light of the war of the Middle East, says DBS chief economist Taimur Baig. That's because countries like <a href=\"https://laohu8.com/S/AN3PF.AU\">Australia and New Zealand</a> are big importers of refined petroleum from Singapore, he says. Such economies are now very keen to know if Singapore can continue refining at the same quantities that it has in the past. Baig says there are no signs of a pullback yet, but if refiners can't get enough LNG from the Middle East and production from elsewhere is earmarked in long-term contracts, that'll be a problem. \"They can't just turn on the tap and make more LNG,\" so the hope is that more shipments will start to flow from the Middle East. (fabiana.negrinochoa@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2026 20:54 ET (00:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RJAW.SI","symbol_name":"DBS MB ePW240902","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2624052309","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2624052309","pubTimestamp":1775091240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RJAW.SI":"DBS MB ePW240902","DBS":"Invesco DB Silver Fund"},"translate_title":"星展银行首席经济学家表示，能源冲击凸显新加坡炼油厂——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RJAW.SI":1.5,"DBS":1.5},"content_text":"0054 GMT - Singapore's refineries have taken on a sudden strategic importance for regional economies in light of the war of the Middle East, says DBS chief economist Taimur Baig. That's because countries like Australia and New Zealand are big importers of refined petroleum from Singapore, he says. Such economies are now very keen to know if Singapore can continue refining at the same quantities that it has in the past. Baig says there are no signs of a pullback yet, but if refiners can't get enough LNG from the Middle East and production from elsewhere is earmarked in long-term contracts, that'll be a problem. \"They can't just turn on the tap and make more LNG,\" so the hope is that more shipments will start to flow from the Middle East. (fabiana.negrinochoa@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 01, 2026 20:54 ET (00:54 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}