Free Trial

Singapore Middle Distillate Stocks Slip

OIL PRODUCTS

Inventories of gasoil/diesel and jet fuel/kerosene at Singapore fell to 7.363mn bbls in the week ended Jan. 3, from 8.091 million barrels in the previous week, according to data from Enterprise Singapore.

  • Total exports of gasoil/diesel, rose around 5%, which could have contributed to the decline in overall stockpiles.
  • Flows to regional destinations such as Malaysia, Indonesia, Australia and Vietnam remained firm, supporting the rise in total exports.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.