SUBSCRIBE
PROFILE

Singapore distillate stocks rise above 10 million barrels

Singapore’s gasoil and kerosene inventories reached a three-month high after a sharp weekly drop in net exports, supported by a marked increase in imports from Northeast Asia.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99€/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Singapore’s middle distillate stocks rose to 10.1 million barrels, up from 9.8 million barrels the previous week. This increase, the highest in three months, comes amid a decline in net exports of gasoil and jet fuel, according to data released by government agency Enterprise Singapore.

Asian imports drive inventory build-up

The rise in inventories was largely attributed to a fivefold increase in weekly imports, mainly from South Korea, Japan and Malaysia. Cargoes from Northeast Asia are expected to dominate incoming volumes for the rest of October, according to shiptracking data from London Stock Exchange Group (LSEG) and Kpler. Additional shipments from India are also expected to arrive in Singapore in the coming weeks.

While imports surged, gasoil exports dropped by approximately 60% from the previous week. Net exports remained down despite a modest 23% week-on-week increase in total outbound volumes.

Regional trade flows shape market dynamics

Main export destinations included Malaysia, Sri Lanka and Australia. For jet fuel, arrivals from China significantly impacted the weekly balance, causing a 41% decline in net exports. Total exports still increased by 51%, supported by strong flows to Australia and Vietnam.

Shipments to Europe and the United States consisted mainly of sustainable aviation fuel, according to Kpler data. Market observers are closely monitoring these flows to assess the impact of Asian exports on global gasoil and kerosene prices.

  • Popular on energynews.pro
Thailand delays regional power project due to lack of tariff approval
Cypress Creek secures $190mn financing for hybrid solar project in Colorado
EDF appoints Intesa and Lazard to review future of Italian subsidiary Edison
Kazakhstan begins negotiations to export uranium to Finland
A hybrid approach could reduce ammonia production emissions by 63%
Kenya Airways deploys a 50% SAF flight to secure a regional hub
The carrier uses mass balance and Book & Claim allocation to test demand, structure certified revenues, and prepare domestic capacity targeted for 2026 amid already intensifying regional competition.
LanzaTech amends LanzaJet agreements to strengthen strategic control
LanzaTech has signed revised agreements with LanzaJet’s shareholders, increasing its equity stake and extending its technology licensing rights through 2031.
Eni phases its biorefineries to 1.65 Mt/y and secures financing
Enilive aligns conversions in Italy, hubs in Asia and U.S. diversification, with rising HVO margins, integrated pretreatment and HVO/SAF offtakes tied to European requirements, supporting volumes, site utilization and operational guidance.
Sumit Majumdar joins Verite Capital Partners as Energy Director and Limited Partner
Buffalo Biodiesel CEO Sumit Majumdar expands his reach in private equity by joining Verite Capital Partners, a firm focused on backing growth companies and underserved markets.
Egypt seeks to attract Japanese manufacturers to Suez Canal zone
During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.
France: MPs block tax hike on biofuels in committee
MPs rejected in the Finance Committee the removal of tax benefits on B100 and Superethanol-E85 proposed in the 2026 budget bill, deferring the measure to the plenary debate.
Liquid Wind and Umeå Energi launch 100,000-tonne eFuel plant in Sweden
The two partners finalise agreements to industrialise an eMethanol production site in Umeå, with commissioning scheduled for 2028 and a target of capturing 150,000 tonnes of CO₂ annually.
Sigma Lithium joins Morgan Stanley’s national security index
Brazilian producer Sigma Lithium has been included in a thematic index by Morgan Stanley grouping US-listed companies considered essential to national security and strategic supply chains.
Global copper demand projected to grow 24% by 2035
The rise of data centres, electrification, Asian industrialisation and military spending are reshaping global copper market dynamics, while insufficient mining investment could increase price volatility.
Exolum invests £4.5mn in UK’s first independent SAF blending site
Energy logistics firm Exolum launches the UK’s first independent sustainable aviation fuel blending site, supporting a nationwide network expected to supply up to 65,000 flights per year.
The biofuels sector rejects a tax increase deemed brutal
French biofuel stakeholders denounce a tax hike on B100 and E85 announced in the 2026 draft budget, which they say threatens their income and the industrial balance of local areas.
Brazil, India, Italy and Japan set regulatory target for sustainable fuels
Ahead of COP30, four major economies commit to regulating the increase in sustainable fuel production and consumption by 2035.
French government plans to end tax benefits on B100 and E85 biofuels
The 2026 draft budget proposes eliminating tax incentives for B100 and E85 fuels, prompting opposition from agricultural unions concerned about the economic impact on the biofuel sector.
European airlines pressure Brussels over shortage of sustainable fuels
Airlines for Europe warns of insufficient sustainable fuel production in Europe and requests a delay in regulatory obligations if the European Commission does not act swiftly.
Moeve joins Shell’s Avelia platform to scale sustainable aviation fuel supply
Spanish producer Moeve becomes the first external SAF supplier to join Shell’s blockchain-based platform designed to expand low-emission jet fuel adoption.
LIFT completes full year of environmental studies for Yellowknife lithium project
LIFT Power has completed the first phase of baseline studies for the Yellowknife lithium project, a key step toward permitting and long-term mine planning.
Used oil imports multiply twentyfold under pressure from biofuels
Global demand for biofuels is driving a sharp increase in used oil imports to Europe and the United States, straining global feedstock supply chains, according to the International Energy Agency.
Alkagesta opens biofuels trading desk in Geneva to strengthen its investments
Trader Alkagesta opens a new biofuels trading desk in Geneva, targeting European market growth and consolidating its investments in alternative fuels.
Indonesia approves 10% mandatory bioethanol blend in gasoline
The Indonesian government plans to mandate a 10% bioethanol blend in gasoline to reduce fuel imports and support the local ethanol industry.
California authorises E15 fuel sales to reduce pump prices
California lifts its ban on E15 fuel, opening its vast market to the ethanol-gasoline blend in a bid to lower prices and expand consumer options.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

START - 99€/year

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.