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Singapore Middle Distillate Stocks Fall for First Time in 3-Weeks

OIL PRODUCTS

Singapore’s middle distillate inventories declined to 10.136 mn bbls in the week ended April 17 from 11.208 mn bbls the week prior – the first fall in 3 weeks.

  • Stocks included diesel/gasoil and jet/kerosene.
  • The drop came as net exports of diesel/gasoil rose by slightly more than 68% w/w.

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