May 13, 2022 11:07 GMT
Russian fuel oil arrivals in the UAE oil hub of Fujairah are set to jump sharply to around 2.5 million barrels this month based on Vortexa vessel tracking data.
- Russian fuel oil flows are shifting away from Europe and the US Gulf Coast as sanctioning and self-sanctioning forces flows into other markets.
- Fujairah is the worlds third largest bunkering hub behind Singapore and Rotterdam.
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