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FUJAIRAH DATA: Oil product stocks reverse three-week decline

November 1, 2023 Comments Off

Stockpiles of oil products at the UAE’s Port of Fujairah rose 1.4% in the week ended Oct. 30, ending a three-week fall as a rise in residues offset declines higher up the barrel, according to data from the Fujairah Oil Industry Zone. Total inventories stood at 17 million barrels as of Oct. 30, up from 16.8 million barrels the previous…