Singapore’s Light Distillate Stockpiles Rise to Ten-Week High

Singapore’s light-distillate stockpiles rose to the highest in ten weeks, data from the Ministry of Trade and Industry showed.

Onshore inventories of light distillates, a category that includes naphtha, reformate and gasoline, increased 22 percent to 12.14 million barrels in the week to Feb. 8, International Enterprise Singapore, a unit of the ministry, said in an e- mailed statement today. That’s the highest since Nov. 30.

Stockpiles of middle distillates such as gasoil and kerosene rose 8.4 percent to 9.74 million barrels. Residues (SPIVRESD), a category that includes fuel oil and low-sulfur waxy residue and excludes bitumen, fell 1.2 percent to 19.49 million.

The trade ministry unit surveys refiners, oil companies and storage terminals on a voluntary basis. The results may exclude some offshore storage capacity, International Enterprise said.

To contact the reporter on this story: Ann Koh in Singapore at

To contact the editor responsible for this story: Alexander Kwiatkowski at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.