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OIL PRODUCTS: Port of Fujairah Stocks Rise 12%

OIL PRODUCTS
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Port of Fujairah oil product storage reached 16.02 million barrels, up 12% from 14.365 million barrels on Sept. 23.

  • Stockpiles have shrunk 7.6% since the end of 2023.
  • Inventories of light distillates expanded 29% in the latest week to 6.687 million barrels - a seven-week high.
  • Middle distillates dropped 7.4% to 2.142 million barrels - a two-week low.
  • Heavy distillates and residues fell 4.1% to 7.191 million barrels - the lowest since Oct. 11, 2021.
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Port of Fujairah oil product storage reached 16.02 million barrels, up 12% from 14.365 million barrels on Sept. 23.

  • Stockpiles have shrunk 7.6% since the end of 2023.
  • Inventories of light distillates expanded 29% in the latest week to 6.687 million barrels - a seven-week high.
  • Middle distillates dropped 7.4% to 2.142 million barrels - a two-week low.
  • Heavy distillates and residues fell 4.1% to 7.191 million barrels - the lowest since Oct. 11, 2021.