{"id":58410,"date":"2026-06-06T04:41:13","date_gmt":"2026-06-05T20:41:13","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=58410"},"modified":"2026-06-06T04:41:13","modified_gmt":"2026-06-05T20:41:13","slug":"singapores-fuel-oil-inventories-fell-by-7-in-may","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=58410","title":{"rendered":"Singapore\u2019s fuel oil inventories fell by 7% in May"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-motion-block=\"\">\n<p><span class=\"ql-font-standfirst\">Residual fuel oil stocks in Singapore averaged 7% lower in May than in April, data from Enterprise Singapore shows.<\/span><\/p>\n<p><img decoding=\"async\" class=\"img-fluid\" sizes=\"(max-width: 600px) 600px, 1200px\" srcset=\"https:\/\/trade.engine.online\/blobs\/news\/70042e06-296a-4a64-b655-018afbad96f3-600w.jpg 600w, https:\/\/cdn.prod.website-files.com\/68b1c2c2623a4419e1af8278\/6a22f86ffa8ce4ed5b174344_70042e06-296a-4a64-b655-018afbad96f3-1200w.jpeg 1200w\" src=\"https:\/\/cdn.prod.website-files.com\/68b1c2c2623a4419e1af8278\/6a22f86ffa8ce4ed5b174344_70042e06-296a-4a64-b655-018afbad96f3-1200w.jpeg\" data-filenames=\"70042e06-296a-4a64-b655-018afbad96f3-600w.jpg,70042e06-296a-4a64-b655-018afbad96f3-1200w.jpg\"\/><\/p>\n<p>Changes in monthly average Singapore stocks from April to May:<\/p>\n<ul>\n<li>Residual fuel oil stocks down 1.54 million bbls to 20.30 million bbls<\/li>\n<li>Middle distillate stocks down 1.04 million bbls to 9.15 million bbls<\/li>\n<\/ul>\n<p>Singapore\u2019s fuel oil inventories fell below 21 million bbls in May, despite a slight increase of 2% in the port\u2019s net fuel oil imports. Fuel oil imports declined by 344,000 bbls during the month, while exports recorded a steeper drop of 401,000 bbls.<\/p>\n<p>The majority of incoming fuel oil cargoes originated from Brazil (14%), Russia (12%) and Venezuela (11%). On the export side, South Korea (25%), China (19%) and Saudi Arabia (16%) were the leading destinations for Singapore\u2019s fuel oil shipments. <\/p>\n<p>The port\u2019s middle distillate inventories also edged lower, averaging 10% below the previous month.<\/p>\n<p><img decoding=\"async\" class=\"img-fluid\" sizes=\"(max-width: 600px) 600px, 1200px\" srcset=\"https:\/\/trade.engine.online\/blobs\/news\/dfe5e264-460d-4285-a2da-aa0b64fac097-600w.jpg 600w, https:\/\/cdn.prod.website-files.com\/68b1c2c2623a4419e1af8278\/6a22f86ffa8ce4ed5b17445d_dfe5e264-460d-4285-a2da-aa0b64fac097-1200w.jpeg 1200w\" src=\"https:\/\/cdn.prod.website-files.com\/68b1c2c2623a4419e1af8278\/6a22f86ffa8ce4ed5b17445d_dfe5e264-460d-4285-a2da-aa0b64fac097-1200w.jpeg\" data-filenames=\"dfe5e264-460d-4285-a2da-aa0b64fac097-600w.jpg,dfe5e264-460d-4285-a2da-aa0b64fac097-1200w.jpg\"\/><\/p>\n<p>Changes in monthly average Singapore fuel oil trade from April to May:<\/p>\n<ul>\n<li>Fuel oil imports down 344,000 bbls to 4.72 million bbls<\/li>\n<li>Fuel oil exports down 401,000 bbls to 2.08 million bbls<\/li>\n<li>Fuel oil net imports up 58,000 bbls to 2.64 million bbls<\/li>\n<\/ul>\n<p>VLSFO availability in Singapore remains under pressure, with suppliers recommending lead times of 10-15 days, compared to last week&#8217;s 13-18 days. HSFO supply has tightened further, with lead times extending to around 10-15 days, from 9-11 days previously. In contrast, LSMGO availability has improved, with recommended lead times easing to about seven days from 10-12 days last week.<\/p>\n<p><em>By Tuhin Roy<\/em><\/p>\n<p><em>Please get in touch with comments or additional info to news@engine.online<\/em><\/p>\n<\/div>\n<p><br \/>\n<center><br \/>\n<br \/><a href=\"https:\/\/www.engine.online\/news\/singapores-fuel-oil-inventories-fell-by-7-pc-in-may-7c6d\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><br \/>\n<center\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Residual fuel oil stocks in Singapore averaged 7% lower in May than in April, data from Enterprise Singapore shows. Changes in monthly average Singapore stocks&#8230;<\/p>\n","protected":false},"author":1,"featured_media":58411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-58410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/58410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58410"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/58410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/58411"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}