Fujairah ‘s product stocks rise as light distillates soar
Fujairah oil stockpiles has recorded a high in two weeks after reaching to near low in the previous year.
Fujairah oil stockpiles has recorded a high in two weeks after reaching to near low in the previous year.
Fujairah port’s oil stocks has declined to the lowest level in 2021 due to the increase of the oil exports.
Fujairah oil products stocks achieved a high record in four weeks, showing gains for the first time in eight weeks.
Oil stockpiles of Fujairah recorded a four-week slide while the rebound of heavy distillates making up for a string of declines in middle distillates and a drop in light distillates for the lowest in six weeks.
Oil product stocks have reached new record levels at the UAE’s East Coast Port of Fujairah due to an increase in heavy fuels used in marine and power industries.
Oil stocks in the Fujairah emirate increased 5.8% week-on-week to 21.612 million barrels on October 22.
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