Jet fuel stocks across the Pacific region plunged to 26.5 million tons in late August as peak summertime demand eroded tank levels. Inventories were still nearly 10% ahead of year-earlier rates due to high output in South Korea to feed strong export flows and plentiful imports into Australia. High jet fuel output in Japan lifted stocks in that country to 6 million barrels. Tank levels of dual-purpose kerosene jumped to 19.6 million bbl in preparation for the winter heating season in North Asia. US West Coast stocks clung to the 9 million bbl mark.
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