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Singapore oil product inventories stay near three-week highs

Asia’s Singapore oil product inventories lingered near three-week highs, government data showed. Declines in light and middle distillate stocks were offset by an increase in residual fuels stocks.

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By Mohi Narayan and Trixie YapOil product inventories in Asia's fuel trading hub of Singapore lingered near three-week highs, government data showed on Thursday, as declines in light and middle distillate stocks were offset by an increase in residual fuels stocks.Combined onshore inventories were a…