Singapore’s Clean Product Exports in 1H17 Rise Y-o-Y

Oil

Singapore’s clean product exports (including diesel, gasoline and jet fuel) in 1H17 averaged 1.17M b/d, International Enterprise data shows. This is up by 139K b/d y-o-y (but down from 2H16’s average of 1.18M b/d). Growth was driven by higher exports to Northeast Asia, which rose by 164K b/d y-o-y  and 52K b/d h-o-h to a multi-year high of 360K b/d.