February 20, 2025 09:04 GMT
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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