Singapore’s onshore oil product stocks fell by 517,000 bbl, or 1%, to 46.81 million bbl in the week to Jul. 28, according to data released Thursday by trade group International Enterprise (IE) Singapore. Light distillate stocks, which include gasoline and naphtha, tumbled 1.67 million bbl to 9.86 million bbl, a nine-week low. Inventories of middle distillates, including diesel and jet fuel, were up 311,000 bbl to 15.37 million bbl. Fuel oil stocks rose 841,000 bbl to 21.58 million bbl. The data track oil product stocks held by up to 12 major oil and storage firms in Singapore.
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