FUJAIRAH DATA: Oil product stockpiles rise to seven-week high

Stockpiles of oil products at the UAE’s port of Fujairah rose 13% on the week in the week ending Oct. 2, their highest in seven weeks, according to data from the Fujairah Oil Industry Zone. Total industries rose to 18.573 million barrels, down 9% since the start of the year, the FOIZ data published Oct. 3 showed. Light distillate inventories…Stockpiles of oil products at the UAE’s port of Fujairah rose 13% on the week in the week ending Oct. 2, their highest in seven weeks, according to data from the Fujairah Oil Industry Zone. Total industries rose to 18.573 million barrels, down 9% since the start of the year, the FOIZ data published Oct. 3 showed. Light distillate inventories…  Read More