FUJAIRAH DATA: Oil product stocks rebound from four-month low

Stockpiles of oil products at the UAE’s Port of Fujairah climbed 13% in the week ended Feb. 26, rebounding from a four-month low a week earlier amid signs of a slowdown in exports of some light distillates, according to the Fujairah Oil Industry Zone and shipping data. The total stocks rose to 18.734 million barrels as of Feb. 26, the…Stockpiles of oil products at the UAE’s Port of Fujairah climbed 13% in the week ended Feb. 26, rebounding from a four-month low a week earlier amid signs of a slowdown in exports of some light distillates, according to the Fujairah Oil Industry Zone and shipping data. The total stocks rose to 18.734 million barrels as of Feb. 26, the…  Read More