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Fuel supply

Published February 24, 2007
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LONDON/TOKYO, Feb 23: At least 360,000 tons of Asian jet fuel and some gas oil is set to head for Europe in the coming weeks as a mild winter in Japan left refiners in the region looking for outlets to work down their surplus heating fuel stocks. The move to ship unused winter-fuel barrels out of the region echo a similar trend in Europe, where an unseasonably mild winter slashed heating fuel demand and left stocks there brimming.—Reuters

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