Onshore stocks in Singapore fell in the week ended Jul. 8 by almost 3 million bbl to 40.47 million bbl, according to data released Thursday by trade agency International Enterprise Singapore. Fuel oil inventories dipped 1.23 million bbl to 18.44 million bbl, while light distillates - stocks of gasoline and naphtha - fell 1.21 million bbl to 9.85 million bbl. Middle distillate stocks rounded off the picture, dropping 522,000 bbl to 12.82 million bbl.
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