FUJAIRAH DATA: Oil product stocks drop to 8-week low as demand picks up
Oil product stockpiles at the UAE’s Port of Fujairah fell to an eight-week low led by a 14% decline in fuels used for shipping and power generation for the week ended Aug. 22, according to Fujairah Oil Industry Zone data. The total inventory was at 21.787 million barrels as of Aug. 22, down 8.3% from a week earlier and the…