Core Insights - Japan's commercial crude oil inventory decreased by 377,644 thousand liters to 10,027,202 thousand liters as of the week ending October 25 [1] - Gasoline inventory in Japan fell by 16,721 thousand liters to 1,603,954 thousand liters compared to the previous week [1] - Kerosene inventory dropped by 91,715 thousand liters to 2,742,806 thousand liters from the prior week [1] - The average operating rate of Japanese refineries increased to 91.2%, up from 86.2% the previous week [1]

Group 1 - As of the week ending August 2, Japan's commercial crude oil inventory decreased by 948,753 thousand liters to 11,337,392 thousand liters [1] - Japan's gasoline inventory decreased by 12,487 thousand liters to 1,466,814 thousand liters [1] - Japan's kerosene inventory increased by 101,537 thousand liters to 2,360,340 thousand liters [1]

Group 1 - The Japan Petroleum Association (PAJ) reported an increase in commercial crude oil inventories by 482,030 thousand liters for the week ending July 26, bringing the total to 12,286,145 thousand liters [1] - The average operating rate of refineries in Japan decreased to 82.7%, down from 84.6% in the previous week [1]