Heavy distillates

Fujairah Stockpiles Climb To 2-week High, 22% Gain in Middle Distillates

  • Light distillates up 73% this year
  • Heavy distillates still close to 17-month high
  • Bunker prices, sales at Fujairah fall

Oil product stockpiles at the UAE’s Port of Fujairah climbed 5.4% to a two-week high in the week ended Nov. 21, led by gains in light and middle distillates stocks, reports Platts quoting the Fujairah Oil Industry Zone data published Nov. 23.

Total inventories were 25.143 million barrels as of Nov. 21, the highest since Nov. 7 when stockpiles were at a two-year high, the data...

https://mfame.guru/fujairah-stockpiles-climb-to-2-week-high-22-gain-in-middle-distillates/

Fujairah Oil Stocks Record 18-months Low Amid Demand Recovery

  • Heavy distillates inventories plunge 20%
  • Drop in light distillates seen short lived
  • OPEC+ cuts also contributing to shrinking stocks
  • Inventories were at record 30.71 mil barrels in June

Oil products stockpiles at the UAE’s Port of Fujairah slumped to an 18-month low, with fuel oil recording the biggest plunge in more than two years on signs of recovering demand from the pandemic, reports Platts.

Oil stocks tumble

The total stood at 17.966 million barrels on March 8, down 14% from a week earlier...

https://mfame.guru/fujairah-oil-stocks-record-18-months-low-amid-demand-recovery/

Fujairah Fuel Oil Stocks Soar High

Oil stocks including those of bunker fuel at the Middle Eastern bunkering and shipping hub of Fujairah have risen to their highest level since late August, reports Ship & Bunker citing Fujairah Oil Industry Zone data.

Fuel oil stocks

Total barrels stood at 24.6 million in mid-December. There were last higher on August 31 at 25.1 million barrels, according to the report.

  • Heavy distillates including fuel for power generation and bunkers were up 11% to 11.3 million barrels in the previous week (to...

https://mfame.guru/fujairah-fuel-oil-stocks-soar-high/

Oil Stocks Witness 9-Month Lows Wiping Off 2020 Gains

  • Fujairah stockpiles on the UAE’s East Coast tumbled to a nine-month low wiping out gains for the year.
  • Stockpiles have dropped for a record seven weeks in a row and have declined a whopping 36% since the record high of 30.71 million barrels.
  • Exports of heavy distillates from Fujairah in the week started October 5 soared to 3.39 million barrels.
  • Middle distillates stocks, including jet fuel and gasoil, jumped 15% in the week ended October 12 to 4.435 million barrels, a three-week high.
  • Light...

https://mfame.guru/oil-stocks-witness-9-month-lows-wiping-off-2020-gains/

Fujairah Fueloil Data: Heavy Distillates Stocks Slip

  • Fuel oil stocks in storage at the Middle Eastern hub of Fujairah slipped by 11% this week, reports Global Platts and Fujairah Oil Industry Zone.
  • Heavy distillate and residue inventories dropped to 13.556 million barrels, down from the previous week’s three-month high.

According to data from the Fujairah Oil Industry Zone and price reporting agency Global Platts, fuel oil stocks in storage at the Middle Eastern hub of Fujairah slipped by 11% this week, reports Ship&Bunker.

Drop in heavy...

http://mfame.guru/fujairah-fueloil-data-heavy-distillates-stocks-slip/

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