Singapore's onshore oil product inventories fell 367,000 bbl, or 0.9%, to settle at 42.46 million bbl in the week ending Apr. 11, according to figures released by trade group IESingapore. Fuel oil stocks lost 1.41 million bbl to 20.68 million -- putting them at their lowest level in nearly two months. Inventories of middle distillates -- diesel and jet fuel -- jumped by 1.04 million bbl to hit 11 million bbl. Light distillate stocks, which include gasoline and naphtha, barely budged -- adding 5,000 bbl to reach 10.79 million bbl.
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