Singapore Refined Oil Inventories Rebound to One-Month High at 44.19M Barrels, Up 20% Week-over-Week

According to Jin10, Singapore's refined oil inventories rebounded sharply as of the week ending June 24, reaching the highest level in one month after hitting a 13-year low the previous week. Total onshore stocks stood at approximately 44.19 million barrels, up about 20% week-over-week, with all product categories recovering. Light distillates, residual fuel oil, and middle distillates all reached four-week highs. Gasoline exports for the week totaled approximately 11.45 million tons, with 10.77 million tons shipped to South Korea and 0.242 million tons to Indonesia.
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