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Thu 15 Nov 2012, 12:04 GMT

Second-highest fuel oil stocks since Aug 7


Inventories of fuel oil rise for the second consecutive week in Singapore.



Singapore's onshore stocks of residues rose for the second consecutive week during the seven days up to Wednesday, November 14, 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 approximately 0.3 million barrels, or 1.4 percent, to 21.2 million barrels, up from 20.9 million barrels the previous week.

It is the highest inventory level since the week ended October 24 and the second-highest since August 7.

Please find below a table of Singapore's recent onshore stocks of residues up to Wednesday, November 14. The volume data provided is in millions of barrels.

Inventory levels are collated on a weekly basis for each 7-day period ending on a Wednesday.

Date Volume+/-
14/11/2012 21.200+0.300
07/11/2012 20.900+0.450
31/10/2012 20.450-1.550
24/10/2012 22.000+2.700
17/10/2012 19.300-0.284
10/10/2012 19.584+1.684
03/10/2012 17.900-0.630
26/09/2012 18.530-1.450
19/09/2012 19.980+1.080
12/09/2012 18.900+0.500
05/09/2012 18.400+1.100
29/08/2012 17.300+1.020
22/08/2012 16.280-1.560
15/08/2012 17.840-3.460
07/08/2012 21.300+1.500
01/08/2012 19.800+2.200




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