FUJAIRAH DATA: Oil product stockpiles drop for first time in four weeks

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Oil-product inventories at Fujairah fell 10% in the week ending November 9, reaching 10.222 million barrels, the first weekly decline in four weeks. Heavy distillate stocks, used for ship fuel and power generation, dropped 25%.

Oil product stockpiles at Fujairah in the UAE dropped 10% in the week ended Nov. 9, led by a 25% decline in heavy distillates used as ship fuel and for power generation, according to Fujairah Oil Industry Zone data published Nov. 11. Total inventory fell to 10.222 million barrels, marking the first decline in four ...