Official data show Singapore, Asia's key oil trading hub, saw onshore refined
product stocks rebounded sharply from last week's 13-year low to about 42.19 mln
barrels in the week ended June 24, up roughly 20% week-on-week and the highest
in nearly a month. Inventories of light distillates, residual fuel oil and
middle distillates were at four-week highs. Total gasoline exports for the week
were about 11.45 mln tonnes, of which 10.77 mln tonnes went to South Korea and
0.242 mln tons to Indonesia.
