FUJAIRAH DATA: Oil product stocks fall to three-week low

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Oil product inventories at Fujairah fell 7.8% in the week ending October 5, reaching 7.574 million barrels, a three-week low. Stocks had also dropped 20% in the previous week, with gasoline and naphtha among the products experiencing especially sharp declines.

Oil product inventories at Fujairah in the UAE dropped 7.8% in the week ended Oct. 5 after falling 20% the previous week, according to Fujairah Oil Industry Zone data published Oct. 7. The total inventory declined to 7.574 million barrels, a three-week low, with light distillates such as gasoline and naphtha down 65% to a ...