Stockpiles of gasoline and other light distillates at Fujairah on the UAE’s east coast plunged the most on record to the lowest level since at least 2017, pushing total oil products inventories to a 13-month low, reports S&P Global Platts.
The total on Oct. 26 stood at 18.465 million barrels, down 9.2% from a week earlier and the lowest since Sept. 9, 2019, according to data compiled by S&P Global Platts and released from the Fujairah Oil Industry Zone on Oct. 28.
Light distillates tumbled 31% at...
https://mfame.guru/middle-east-refineries-sees-record-plunge-in-gasoline-stockpiles/