Fujairah Oil Stocks Dips Further To a 21-Month Low

Capt. John
  • Fuel oil stocks at the Middle Eastern hub of Fujairah have dropped to the lowest level in almost two years, according to data from the
  • Fujairah Oil Industry Zone and price reporting agency S&P Global Platts.
  • Heavy distillate and residue stocks sank by 8.7% to 8.166 million barrels in the week to Monday, Platts reported Wednesday, the lowest since February 2019.

According to a recent Ship and Bunker news report, Fujairah Oil prices hits a new low in last 21 months.

Oil prices sinks

The level is...

https://mfame.guru/fujairah-oil-stocks-dips-further-to-a-21-month-low/

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