UPDATE 2-Japan oil imports fall in July on tepid demand


(Recasts, adds details) By Ikuko Kao TOKYO, Aug 31 (Reuters) - Japanese oil demand contracted in July versus last year as cooler weather undermined power and auto fuel use, allowing refiners to cut oil product imports and expand exports, the government said on Wednesday. Wholesale oil product sales fell 3.5 percent to 18.47 million kl (3.75 million bpd) in July from a year ago, led by a 9.5 percent decline in fuel oil sales and a 4.5 percent drop in gasoline, the Ministry of Economy, ...

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