Onshore stockpiles of gasoil and jet fuel/kerosene were at 9.452 million barrels (1.268 million tonnes) in the week ended March 15, the data showed. The increase was attributed to a 58.4% on week drop in net export volumes for gasoil.
Total gasoil imports into Singapore surged 99% week on week, with total export volumes edging up just around 6%. The key contributor countries for these import volumes were South Korea, Malaysia and Taiwan. On the export front, cargoes loaded from Singapore were bound for Malaysia and Indonesia.
Gasoil exports from Singapore for March are expected at around 1.2 million tonnes, said Refinitiv Oil Research.
Around 668,000 tonnes of gasoil have been loaded so far from Singapore for March, Refinitiv shiptracking data showed.
On the jet fuel/kerosene front, total exports stood at
72,364 tonnes, an increase from 49,476 tonnes a week ago -
capping the increase of overall inventories.
Mar 15, Jet fuel/kerosene Total Total Net
(in tonnes) imports exports exports
AUSTRALIA 0 48427.086 48427.086
BRUNEI 0 0.02 0.02
CANADA 0.0764 0 -0.0764
FIJI 0 3230.779 3230.779
FRANCE 38.122 0 -38.122
GERMANY 0.394 0 -0.394
GREECE 0.0014 0 -0.0014
INDONESIA 0 5.537 5.537
JAPAN 2.742 0 -2.742
MALAYSIA 2 2.9973 0.9973
MAURITIUS 0 0.002 0.002
NEW CALEDONIA 0 2893.837 2893.837
NEW ZEALAND 0 6195.964 6195.964
PHILIPPINES 0 1064.208 1064.208
SAMOA 0 399.15 399.15
SWEDEN 0.0297 0 -0.0297
TAIWAN 0 10.2133 10.2133
TIMOR-LESTE 0 12.8 12.8
UNITED KINGDOM 0.5 0 -0.5
UNITED STATES 0.0302 10121.079 10121.048
8
VIET NAM 0 0.1057 0.1057
TOTAL 43.8957 72363.7783 72319.882
6
WoW % change -99.41 46.26 71.84
Mar 15, Gasoil (in Total Total Net
tonnes) imports exports exports
AMERICAN SAMOA 0 4042.653 4042.653
AUSTRALIA 0 51449.433 51449.433
BRAZIL 0.006 0 -0.006
CHINA 28801.2851 0 -28801.28
51
CAMBODIA 0 2191.781 2191.781
FIJI 0 5172.49 5172.49
INDONESIA 0 10269.052 10269.052
JAPAN 41902.96 0 -41902.96
KOREA, REP OF 139894.763 0 -139894.7
63
MALAYSIA 76481.528 135910.5557 59429.027
7
MALDIVES 0 9270.5521 9270.5521
MYANMAR 0 59777.723 59777.723
NETHERLANDS 0 21483.194 21483.194
NEW CALEDONIA 0 7455.712 7455.712
NEW ZEALAND 0 20446.599 20446.599
NORTHERN MARIANA 0 38.05 38.05
ISLANDS
PAPUA NEW GUINEA 0 8365.348 8365.348
PHILIPPINES 0 53627.982 53627.982
SAMOA 0 5268.703 5268.703
SRI LANKA 0 27545.424 27545.424
TAIWAN 68436.901 0 -68436.90
1
UNITED ARAB 1.0075 0 -1.0075
EMIRATES
UNITED STATES 0.0019 39182.313 39182.311
1
TOTAL 355518.4525 461497.5648 105979.11
23
WoW % change 99.17 6.46 -58.44
(Reporting by Trixie Yap; Editing by XX)
