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Japan data: PAJ says crude stocks fall 10% on week to 79.33 mil barrels Dec 15

  • Author
  • Takeo Kumagai
  • Editor
  • Geetha Narayanasamy
  • Commodity
  • Oil

Tokyo — Japan's crude oil stocks stood at 79.33 million barrels as of December 15, down 10.1% from the previous week, the Petroleum Association of Japan said Wednesday.

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The stocks also dipped 0.9% from a year earlier, S&P Global Platts data showed.

PAJ data excludes floating storage and import barrels yet to arrive.

Unfinished oil stocks, or oil processed at refineries, totaled 49.60 million barrels, down 2.8% from 51.04 million barrels the previous week, PAJ said. But the stocks rose 8.0% from 45.92 million barrels a year earlier, Platts data showed. -- Takeo Kumagai, takeo.kumagai@spglobal.com

-- Edited by Geetha Narayanasamy, newsdesk@spglobal.com