FUJAIRAH DATA: Oil product stocks surge after large imports from Russia, Kuwait
Stockpiles of oil products at the UAE’s Port of Fujairah jumped 31% in the week ended Feb. 20 with heavy distillates ballooning 51%, the most on record, according to Fujairah Oil Industry Zone data published Feb. 22. Total inventories were 22.411 million barrels as of Feb. 20, the highest since Dec. 12, the FOIZ data provided exclusively to S&P Global…