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Russian Fuel Oil Heading to Fujairah

OIL PRODUCTS

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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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.

Keep reading...Show less