NewsSignalsAI analysis·Reuters·Nov 12, 2026

Singapore oil product stocks rebound to one-month highs

Grade Bbearish AI signal$BRENT

Singapore's combined onshore oil product inventories climbed to 40.37 million barrels, their highest level in nearly a month, as middle and light distillate stocks rebounded. Middle distillate inventories reached approximately 8.8 million barrels, while light distillate stocks rose to 12 million barrels; residual fuel inventories also increased 2.1% to 19.53 million barrels. Rising regional fuel inventories could pressure refined-product prices, particularly if additional Northeast Asian supplies arrive in the coming weeks.

Bullish strength: 35/100

Fuel oil arbitrage supplies arriving in Asia remain softer than last month.
Singapore's fuel oil exports more than halved week-on-week, potentially limiting regional supply outflows.

Bearish strength: 65/100

Combined Singapore oil product inventories increased to 40.37 million barrels.
Middle distillate stocks recovered to approximately 8.8 million barrels.
Light distillate inventories reached a one-month high of 12 million barrels.
Residual fuel inventories climbed to a seven-week high of 19.53 million barrels.

This is automated NewsSignalsAI analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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