Singapore oil product inventories slip again; light distillates stocks at five-year low
Oil product stocks in Singapore fell to just over one-month lows, with light distillates stocks reaching a five-year low and residual fuel stocks declining for a fourth consecutive week.
Oil product stocks in Asia’s key fuel trading hub Singapore were at slightly more than one-month lows, government data released on Thursday showed. Light distillates stocks fell to a five-year low, while residual fuel stocks declined for a fourth week.