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FUJAIRAH DATA: Oil product stockpiles climb to six-week high on thin exports

February 14, 2024 Comments Off

Stockpiles of oil products at the UAE’s Port of Fujairah climbed 2.1% in the week ended Feb. 12 as exports have slowed, according to the Fujairah Oil Industry Zone and shipping data. The total rose to 19.149 million barrels as of Feb. 12, the second consecutive weekly gain and the highest in six weeks, the FOIZ data published Feb. 14…