12SEP2019 - NEWS - Fujairah oil product stockpiles fall 13% to 2019 low

Fujairah has the Middle East's largest commercial storage capacity for refined products
 Oil product stockpiles at the bunkering hub of Fujairah dropped 13 percent over the past week, to the lowest level this year, amid speculation that shippers are taking advantage of lower fuel costs in the UAE’s East Coast port compared with Singapore, according to data released Wednesday by the Fujairah Oil Industry Zone, FOIZ.