FUJAIRAH DATA: Oil product stocks climb for first time in three weeks

S&P Global Platts | Sep 8, 2021 at 10:07 AM
  • Oil product stockpiles at the UAE’s Port of Fujairah climbed for the first time in three weeks on signs of slowing demand for fuel oils for power generation and marine bunkers.
  • The total inventory was 18.462 million barrels as of Sept. 6, up 4.4% from a week earlier when the total was the lowest since September 2019.
  • Fuel oil exports from Fujairah slumped to 1.742 million barrels in the week started Aug. 30, the lowest since July 26.