Weather Delays Fujairah Refueling Operations

Weather disruptions at the UAE’s Fujairah hub have slowed downstream refueling operations and reloadings of bunker barges, traders told S&P Commodity Insights.

• "Some [suppliers] are facing loading delays [from terminals] so they are offering out for later dates, only a few can do prompts," a trader said.
• Latest forecasts suggest strong winds and sea wells in the offshore regions of the UAE on Tuesday and Wednesday which are expected to hamper refueling operations. The weather is expected to calm from 22 February according to the latest report by UAE's National Center of Meteorology.
• Despite the bad weather events, the low sulfur fuel oil supply situation was seen "not that severe" either, as some suppliers were less affected by delays compared to others, traders said.