Fujairah’s Fuel Oil Stocks Slump Amid Higher Exports

Fujairah’s residual fuel oil inventories have averaged 24% lower so far this month compared to July, according to the latest data from Fujairah Oil Industry Zone (FOIZ) and S&P Global. Changes in monthly average Fujairah stocks from July to August (so far): • Heavy distillate and residual stocks down 1.34 million bbls to 4.20 million ...

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