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SINGAPORE distillate inventories have started to rise from multi-decade lows set in the final months of 2022:
U.S. PETROLEUM INVENTORIES depleted by -10 million barrels over the week ending on March 17, the largest drawdown since the end of 2022. Draws in gasoline (-6 million barrels), distillate fuel oil (-3 million) and propane/propylene (-2 million) more than offset a small build in crude (+1 million):
JKempEnergy.com 