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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.
OIL PRODUCTS
Fujairah Oil product stocks as of Dec. 25 were 17.336m bbl, down 7.7% on the week, according to Platts, citing data from the Fujairah Oil Industry Zone (FOIZ).
- Gasoline stocks fell by 7.8%, or 395k bbl, to 4.687m bbl.
- Middle distillate stocks, which include diesel and jet fuel, rose by 4.1% on the week to 2.506m bbl.
- Stocks of heavy residuals fell by 1.142m bbl to 10.143m bbl, a week-on-week decline of 10.1%.
- Fujairah prices ($/b) were as follows (Change on the week) - Gasoline 95 unleaded: 97.01 (-1.01), kerosene: 100.30 (+0.24), ULSD: 98.45 (+0.92), HSFO ($/mt): 395.39 (+15.38).
Source: S&P Global Commodity Insights
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.
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