FUJAIRAH DATA: Heavy residues stocks jump as exports fall

Stockpiles of oil products at the UAE’s Port of Fujairah increased but remained low in the week to July 24, with gains in heavy residues and light distillates stocks offsetting falls in middle distillates, according to data from the Fujairah Oil Industry Zone. Total inventories stood at 18.77 million barrels as of July 24, up by 11.4% from a 15-month…