FUJAIRAH DATA: Oil product stocks climb as light distillates still volatile

S&P Global Platts | Jun 30, 2021 at 11:40 AM
  • Oil product stockpiles at the port of Fujairah on the UAE’s east coast climbed to a two-week high, led by a 34% increase in gasoline and other light distillates.
  • The 34% jump in light distillates including gasoline and naphtha pushed inventories to 7.26 million barrels as of June 28, the most since March 29, after a 24% slump a week earlier and a record 43% surge the week before.
  • Middle distillates stocks, including jet fuel and diesel, stood at 3.943 million barrels as of June 28, down 7.4% from a week earlier and the lowest in two weeks.