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FUJAIRAH DATA: Oil product stocks on rebound as fuel oil exports slow

August 31, 2022 Comments Off

Oil product stockpiles at the UAE’s Port of Fujairah climbed for the first time in three weeks, led by an 11% jump in fuels used for shipping and power generation, in the week ended Aug. 29, according to Fujairah Oil Industry Zone data. The total inventory was 21.972 million barrels as of Aug. 29, up 0.8% from a week earlier…