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OIL PRODUCTS: Singapore Total Fuel Stocks Fell 3.6% w/w

OIL PRODUCTS

Singapore total fuel stockpiles fell by 1.69m bbls (-3.6%) w/w to 45.3m bbls in the week to Feb. 19, according to Enterprise Singapore data. 

  • This represents the first weekly decline in three weeks, following 2.1% and 8.0% weekly gains.
  • Light distillates rose 60k bbls (+0.4%) w/w to 16.4m bbls.
  • Middle distillates fell 581k bbls (-5.5%) w/w to 10.0m bbls.
  • Residual fuels fell 1.17m bbls (-5.8%) w/w to 18.9m bbls. 

 

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Singapore total fuel stockpiles fell by 1.69m bbls (-3.6%) w/w to 45.3m bbls in the week to Feb. 19, according to Enterprise Singapore data. 

  • This represents the first weekly decline in three weeks, following 2.1% and 8.0% weekly gains.
  • Light distillates rose 60k bbls (+0.4%) w/w to 16.4m bbls.
  • Middle distillates fell 581k bbls (-5.5%) w/w to 10.0m bbls.
  • Residual fuels fell 1.17m bbls (-5.8%) w/w to 18.9m bbls.