Singapore, 29 October 2026 – Singapore’s middle-distillate inventories rose to about 8.5 million barrels in the week ended October 29, up from 8.31 million barrels a week earlier, while net exports of diesel and gasoil climbed more than fourfold. The inventory and trade figures show a refinery market moving more product through the hub even as different fuel segments develop at different speeds.
For Asian businesses and investors, the data matter because Singapore is a major regional pricing and storage centre for refined fuels. Higher middle-distillate stocks can signal softer immediate demand or stronger inflows, while sharply higher net exports can indicate that traders are finding buyers elsewhere in Asia. The figures are market evidence, not a forecast, and their significance depends on how flows evolve in coming weeks.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here