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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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Singapore fuel oil stocks drop 8.8 percent

14 Jul 2011 13:53 GMT

Stockpiles of fuel oil plummet to their lowest level since February.



Singapore's onshore stocks of residues fell to their lowest level since February 16th during the seven days up to Wednesday July 13th, according to data released by International Enterprise (IE) Singapore - an agency operating under the Ministry of Trade and Industry.

Stockpiles of residues, which includes fuel oil and low-sulphur waxy residue and excludes bitumen, dropped 1.68 million barrels, or 8.8 percent, to 17.5 million barrels, down from 19.184 million barrels the previous week.

Please find below a table of Singapore's onshore stocks of residues up to Wednesday 13th July.

The volume data provided below is in millions of barrels. Inventory levels are collated on a weekly basis for each 7-day period ending on a Wednesday.

Date Volume+/-
13/07/2011 17.5-1.684
06/07/2011 19.184-1.450
29/06/2011 20.634-0.152
22/06/2011 20.786+2.823
15/06/2011 17.963-2.580
08/06/2011 20.543+0.363
01/06/2011 20.180-1.537
25/05/2011 21.717-0.783
18/05/2011 22.5+1.500
11/05/2011 21.0-0.800
04/05/2011 21.8-1.400
27/04/2011 23.2+0.200
20/04/2011 23.0--

Source: International Enterprise (IE) Singapore - an agency operating under the Ministry of Trade and Industry.






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