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FUJAIRAH DATA: Oil product stockpiles jump 9.7% on week

September 20, 2023 Comments Off

Stockpiles of oil products at the UAE’s Port of Fujairah increased 9.7% in the week ended Sept. 18, a second consecutive weekly gain, according to data from the Fujairah Oil Industry Zone. Total inventories rose to 18.340 million barrels as of Sept. 18, the highest in five weeks, the FOIZ data released on Sept. 20 showed. The total stockpile is…