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Fuel oil stocks fall to 9-week low in Singapore

15 Dec 2011 10:33 GMT

Stocks of fuel oil in Singapore decrease to their lowest level since October 12th.



Singapore's onshore stocks of residues fell by 146,000 barrels during the seven days up to Wednesday 14th December, according to data released by International Enterprise (IE) Singapore - an agency operating under the Ministry of Trade and Industry.

Stockpiles of residues, a category which includes fuel oil and low-sulphur waxy residue and excludes bitumen, decreased by 0.9 percent, to a 9-week low of 17.028 million barrels, down from 17.174 million barrels the previous week.

Inventory levels have remained between 17-18 million barrels over the last 6 weeks since reaching 18.516 million barrels during the seven days up to 2nd November.

Please find below a table of Singapore's onshore stocks of residues up to Wednesday 14th December.

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+/-
14/12/2011 17.028-0.146
07/12/2011 17.174-0.460
30/11/2011 17.634+0.539
23/11/2011 17.095-0.630
16/11/2011 17.725+0.552
09/11/2011 17.173-1.343
02/11/2011 18.516+0.515
26/10/2011 18.001+0.866
19/10/2011 17.135+0.291
12/10/2011 16.844-0.176
05/10/2011 17.020-2.746
28/09/2011 19.766+0.909
21/09/2011 18.857-2.418
14/09/2011 21.275+0.270
07/09/2011 21.005-0.535
31/08/2011 21.540+1.352
24/08/2011 20.188+0.324
17/08/2011 19.864+0.266
10/08/2011 19.598-0.049
03/08/2011 19.647-0.237
27/07/2011 19.884+0.195
20/07/2011 19.689+2.176
13/07/2011 17.513-1.671
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 22.500+1.500
11/05/2011 21.000-0.800
04/05/2011 21.800-1.400
27/04/2011 23.200+0.200
20/04/2011 23.000--


Source: International Enterprise (IE) Singapore







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