FUJAIRAH DATA: Oil product stockpiles reach five-week high after middle distillates jump

Oil product stockpiles at the UAE’s Port of Fujairah rose 1.6% in the week ended Jan. 16, with gasoline and other light distillates reaching a four-month high, according to Fujairah Oil Industry Zone data published Jan. 18. The total was 20.156 million barrels as of Jan. 16, the highest in five weeks, according to the data provided exclusively to S&P…