Energy Markets
Singapore turns net importer of jet fuel in spite of total distillate stockfalls
Singapore turned an internet importer of jet fuel/kerosene in spite of middle distillates inventories decreasing for the 2nd straight week to a little listed below 9.5 million barrels, official information showed on Thursday. Stock levels of diesel/gasoil and jet fuel/kerosene at secret oil storage center Singapore were at 9.303 million barrels for the week ended Oct. 16, down from 10.587 million barrels in the previous week, information from Enterprise Singapore showed. Net exports for diesel/gasoil fell by a little more than 1%,. while the city-state turned a net importer of jet fuel/kerosene. Gains in total jet fuel/kerosene imports were attributed...