FUJAIRAH DATA: Oil product inventories rise to highest level in 19 months

Oil product stocks at the UAE port of Fujairah have hit their highest level since June 2021, as heavy rains and flooding July 27-28 caused bunkering disruptions at the world’s third-largest bunkering hub. An 18% build in light distillate volumes pushed total oil inventories at the port to 23.385 million barrels as of Aug. 1, a gain of 4.5% from…