FUJAIRAH DATA: Oil product stockpiles climb to five-week high, led by light distillates
AI Summary
Fujairah’s oil product inventories rose 23% in the week to October 26, reaching 8.914 million barrels, a five-week high. Light distillates, including gasoline and naphtha, led the increase with a 49% rise, according to Fujairah Oil Industry Zone data.
Oil product stockpiles at the UAE’s Fujairah rose 23% in the week to Oct. 26, led by a 49% increase in light distillates such as gasoline and naphtha, according to Fujairah Oil Industry Zone data published Oct. 28. The total inventory rose to 8.914 million barrels, the highest in five weeks. Stocks are still down ...