Singapore Stocks Rise

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Singapore onshore oil product inventories rose by 1.9% from a week ago to 52.13 million bbl on Apr. 14, according to data released by government agency IESingapore. Singapore is the Asia-Pacific region's trading and pricing hub for oil products and its inventory levels are a closely watched indicator of supply. Singapore Onshore Product Stocks ('000 bbl) Apr 14 Apr 7 Vol. Chg. %Chg. Light distillates 14,740 14,594 146 1.0% Middle distillates 13,431 12,956 475 3.7 Fuel oil 23,958 23,621 337 1.4 Total 52,129 51,171 958 1.9% Source: IE Singapore

Oil Inventories, Oil Supply
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