Singapore fuel oil inventories increase 6% this month

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Singapore's fuel oil inventories increased by 6% in September compared to August, with residual fuel oil stocks rising by approximately 1.11 million barrels. Middle distillate stocks also saw a modest increase, reflecting changes in the regional energy supply chain.

Singapore’s residual fuel oil stocks have averaged 6% higher so far in September than across August, Enterprise Singapore’s latest data shows. Changes in monthly average Singapore stocks from August to September (so far): • Residual fuel oil stocks up 1.11 million bbls to 20.09 million bbls • Middle distillate stocks up 160,000 bbls to 8.35 ...