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Singapore Distillate Stocks Down Slightly on Week

OIL PRODUCTS

Singapore’s distillate stocks fell 0.65% on the week to Feb 7 to 7.039m bbl, according to Reuters citing Enterprise Singapore data.

  • Total exports out of Singapore were up 29% on the week, representing consistent flows to Indonesia, Malaysia, and Myanmar.
  • Net exports of diesel/gasoil climbed by 14% on the week amid a 74% decline in total imports.
  • Net exports of jet fuel more than tripled on the week, with notable volumes heading to Thailand.

Source: Reuters

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