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FUJAIRAH DATA: Oil product stockpiles rebound from 17-month low

September 13, 2023 Comments Off

Stockpiles of oil products at the UAE’s Port of Fujairah climbed 4.5% in the week ended Sept. 11, the first increase in four weeks from a 17-month low a week earlier, according to latest data from the Fujairah Oil Industry Zone. Total inventories rose to 16.717 million barrels as of Sept. 11, after falling to its lowest since April 2022…