FUJAIRAH DATA: Oil product stockpiles rebound from 3-week low

Stockpiles of oil products at the UAE’s Port of Fujairah increased from a three-week low in the seven days ended May 29 led by a 7.6% jump in heavy distillates used as fuels for shipping and power generation, according to May 31 data from the Fujairah Oil Industry Zone. Total inventories rose 1.6% on the week to 23.218 million barrels…