FUJAIRAH DATA: Oil product stocks drop for fifth consecutive week

Capt. John

Stockpiles of oil products at the UAE’s Port of Fujairah dropped for a fifth consecutive week, the longest losing streak since 2020, as shipments of fuel oil used for bunkers and for power generation increased ahead of summer and peak demand for air conditioning in the Middle East, according to the...

https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/052224-fujairah-data-oil-product-stocks-drop-for-fifth-consecutive-week

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon