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FUJAIRAH DATA: Oil product stocks hit 4-week high amid slowing LSFO ship demand

September 14, 2022 Comments Off

Oil product stockpiles at the UAE’s Port of Fujairah climbed to a four-week high on Sept. 12 led by gains in fuels used for power generation and shipping amid signs of slowing shipping demand for low sulfur grades, according to Fujairah Oil Industry Zone data published Sept. 14. Total inventories were 23.450 million barrels as of Sept. 12, up 7.9%…