Singapore's oil product inventories rise across the board, with fuel oil inventories reaching a 37-week high.
The inventory of light distillate oils in Singapore increased by 915,000 barrels to 14.4 million barrels as of the week ending on September 3, reaching a two-week high. The inventory of middle distillate oils increased by 510,000 barrels to 9.841 million barrels, reaching a nine-week high. The inventory of fuel oils increased by 2.675 million barrels to 27.399 million barrels, reaching a 37-week high. This data was released by the Singaporean Energy Market Authority on Thursday, covering the inventory of petroleum products onshore from up to 14 major oil storage companies.
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