FUJAIRAH DATA: Oil product stocks drop 21% on week to six-month low

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Oil product stockpiles at the UAE’s Port of Fujairah dropped 21% to a six-month low in the week ended Dec. 19, the biggest decline since a record low in February, according to Fujairah Oil Industry Zone data published Dec. 21. Total inventories were 19.296 million barrels as of Dec. 19, the lowest since June 13, the FOIZ data provided exclusively…