FUJAIRAH DATA: Oil products stocks at one-year high with fuel oil in demand

Oil products inventories at the UAE’s Port of Fujairah rebounded to an one-year high amid signs that more fuel oil supplies may be needed to meet power demand for cooling as temperatures climb in the Middle East. Total stockpiles stood at 22.374 million barrels as of July 25, up 2.3% from a week earlier and the highest since June 28,…