Singapore Petroleum Company (SPC) said it has swung back into the black in the third quarter with a S$12.1 million profit, thanks to improved refining margins and strong oil demand from the region. It reported a loss of S$2.2 million for the same quarter last year. (US$1=S$1.75). SPC, 49%-owned by Singapore’s conglomerate, Keppel Corp, said…

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