Singapore fuel oil stockpiles climb above 26 million barrels

ReutersJan 2, 2026 10:26 AM

SINGAPORE, Jan 2 (Reuters) - Onshore fuel oil stockpiles in Singapore climbed above 26 million barrels during the final week of 2025, well above average for the year, data showed on Friday.

Inventories rose to 26.75 million barrels (about 4.21 million metric tons) in the week to December 31, up 4% from the previous week, data from Enterprise Singapore showed. O/SING1

Fuel oil inventories averaged 22.8 million barrels a week during 2025, compared with 19.7 million barrels in 2024, historical data showed.

p>A persistent influx of supplies had capped market recovery, with both high-sulphur and low-sulphur markets ending 2025 on a bearish note.

During the final week of the year, fuel oil inflows to onshore storage sites climbed 27.1% to more than 1 million tons, with Brazil as the top origin, Enterprise Singapore data showed.

Meanwhile, fuel oil outflows from Singapore tanks fell by 33.9% to about 337,000 tons, with most volumes headed for China.

Week to Dec. 31, Fuel oil (in metric tons)	Total Imports	Total Exports	Net Imports
BRAZIL	284,678	0	284,678
CHINA	0	197,606	-197,606
INDONESIA	60,857	0	60,857
JAPAN	26,122	0	26,122
KOREA	0	15,750	-15,750
KUWAIT	41,545	0	41,545
MALAYSIA	291,959	107,956	184,003
NEW ZEALAND	0	0	0
PAKISTAN	28,812	0	28,812
RUSSIA	49,058	0	49,058
SAUDI ARABIA	99,602	0	99,602
SRI LANKA	0	3,981	-3,981
TAIWAN	36,153	0	36,153
UNITED ARAB EMIRATES	88,027	0	88,027
UNITED STATES	0	0	0
VIETNAM	15,755	12,023	3,733
TOTAL	1,022,569	337,316	685,253

(Data from Enterprise Singapore)

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