Japan data: PAJ says crude stocks fall 4% on week to 77.96 mil barrels Feb 17

Japan’s crude oil stocks stood at 77.96 million barrels February 17, down 4.1% from the previous week, the Petroleum Association of Japan said Wednesday.

The stocks edged up 0.8% 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 42.56 million barrels, up 0.3% from 42.44 million barrels the previous week, PAJ said.

The stocks slid 8.8% from 46.65 million barrels a year earlier, Platts data showed.

Source: Platts

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