FUJAIRAH DATA: Oil product stocks at two-week high despite plunge in middle distillates

Oil product stockpiles at the UAE’s Port of Fujairah have climbed to a two-week high even as diesel and other middle distillates slumped close to the record low. The total inventory was 17.113 million barrels as of April 11, up 7.2% from a week earlier to the highest since March 28, according to Fujairah Oil Industry Zone data provided exclusively…