Jurong Island in Singapore, home of the Jurong Rock Caverns where Saudi crude will be stored from the second half of 2027. Business Saudi Arabia to store crude in Singapore's Jurong caverns from second half of 2027 Mono Scoops 3d Saudi Arabia and Singapore announced a joint intent for Saudi crude oil to be stored at the Jurong Rock Caverns from the second half of 2027, with Saudi Aramco set to sign a memorandum of understanding with Singapore's Energy Market Authority and JTC Corporation. Read Full Story