Residual fuel oil stocks at key trading hub Singapore eased
2% from the previous week despite a rebound in net imports,
official data showed on Thursday.
U.S. crude oil and gasoline inventories soared last week
while distillate stockpiles fell, the Energy Information
Administration said on Wednesday.
Libya's National Oil Corporation (NOC) will increase oil
production to 2 million barrels per day (bpd), the company said
in a statement on Wednesday.
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