Commodity Market Report

Singapore product markets long-term outlook H2 2019

Get this report

$4,750

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

23 January 2020

Singapore product markets long-term outlook H2 2019

Report summary

Singapore had a deficit of 443 kb/d of refinery supply of total oil products versus demand in 2018, coming from large fuel oil and relatively small naphtha deficits, partially offset by surpluses of gasoline and middle distillates. The significant deficit in fuel oil is due to the high level of international marine bunkering demand. Demand in Singapore is driven by fuel oil for marine bunkering. Singapore's status as a major international trade and transportation hub, as well as chemicals export centre, makes its demand profile unique, in that marine bunker fuels, aviation jet, and petrochemical feedstock uses together account for around 88% of overall oil demand. Total product demand in Singapore is forecast to decline slowly, at 0.4% per annum, to reach 1.40 million b/d in 2040.

Table of contents

Tables and charts

This report includes 4 images and tables including:

  • Refineries in Singapore
  • Refinery throughputsandutilisation
  • Historical net product trade
  • Product balances – all supply versus demand

What's included

This report contains:

  • Document

    Singapore.xlsx

    XLSX 2.09 MB

  • Document

    Singapore product markets long-term outlook H2 2019

    PDF 882.12 KB

  • Document

    Singapore product markets long-term outlook H2 2019

    ZIP 2.65 MB

Trusted by leading organisations