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OIL PRODUCTS: Fujairah Oil Product Stocks Slip 2.8% w/w

OIL PRODUCTS

Fujairah oil product inventories fell 2.8% in the week ended Feb. 3 to 18.328 million barrels from a six-month high a week earlier according to FOIZ data.

  • Middle distillates ended at 1.841 million barrels, a 12-week low.
  • Heavy distillates fell 6% to 8.1848 million barrels, a two-week low.
  • Light distillates increased 12% to 8.339 million barrels - the highest since April 2023.
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Fujairah oil product inventories fell 2.8% in the week ended Feb. 3 to 18.328 million barrels from a six-month high a week earlier according to FOIZ data.

  • Middle distillates ended at 1.841 million barrels, a 12-week low.
  • Heavy distillates fell 6% to 8.1848 million barrels, a two-week low.
  • Light distillates increased 12% to 8.339 million barrels - the highest since April 2023.