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According to the latest data from the Fujairah Oil Industrial Zone in the UAE, as of the week ending March 16, total refined product inventories at the port of Fujairah were 14.425 million barrels, a decrease of 1.892 million barrels from the previous week. Specifically, light distillate fuel oil inventories decreased by 172,000 barrels to 6.856 million barrels; middle distillate fuel oil inventories decreased by 612,000 barrels to 1.857 million barrels; and heavy residual fuel oil inventories decreased by 1.108 million barrels to 5.712 million barrels.Thailands Finance Minister: We are planning more measures to mitigate the impact of rising oil prices.Thailands Finance Minister: We are studying the introduction of a lending law and reducing fuel taxes to cope with rising oil prices.The Japan Petroleum Association reported that Japans gasoline inventory was 1.5 million kiloliters on March 14, compared to 1.66 million kiloliters on March 7.The Petroleum Institute of Japan reported that Japans crude oil inventories were 10.28 million kiloliters on March 14, compared with 10.52 million kiloliters the previous day.