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Fujairah Oil Product Stocks Slip 3.1%

OIL PRODUCTS

Fujairah oil product stocks fell 3.1% in the week ended July 29 - a four-week low according to Fujairah Oil Industry Zone data.

  • The total fell to 17.785 million barrels, the lowest since July 1.
  • Middle distillates led the drop with a 31% decline to 1.868 million barrels, the lowest in four months.
  • Light distillates fell 0.3% to 6.215 million barrels, the lowest in three weeks.
  • Heavy distillates used for power generation and as ship fuel climbed 3% to a two-week high of 9.702 million barrels.
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