|Fuel oil stocks up in Singapore|
|Inventories of fuel oil rise for the second consecutive week in Singapore.
|Updated on 22 Mar 2012 10:31 GMT
|Singapore's onshore stocks of residues rose for the second consecutive week in the seven days up to Wednesday 21st March, 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, increased by exactly 143,000 barrels, or 0.65 percent, to 22.056 million barrels, up from 21.913 million barrels the previous week.
The latest stock figure is the highest in 44 weeks, since reaching 22.500 million barrels on 18th May 2011. Inventory levels have now risen in 9 out of the last 11 weeks since plummeting 806,00 barrels to 16.216 million barrels on 4th January.
Please find below a table of Singapore's onshore stocks of residues up to Wednesday 21st March.
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.