Free Trial

Fujairah Oil Product Stocks Flat

OIL

Port of Fujairah oil product stocks were flat with the week prior at 19.678 million barrels as of May 30. Inventories were 3.48% lower than the same time last year.

  • Light distillates inventories including gasoline and naphtha stood at 6.314 million barrels as of May 30, down 4.3% from a week earlier and the first drop in five weeks. Inventories of light distillates were up 23.15% in the past year.
  • Stocks of heavy distillates and residues used as fuels for power generation and marine bunkers stood at 10.838 million barrels as of May 30, down 0.6% from a week earlier and the third drop in four weeks.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.