18JAN2019 - NEWS - Refined product stocks at Port of Fujairah fell by 3.5 percent on week, led by residues

According to Fujairah Energy Data Committee, the refined product stocks at the Middle Eastern hub of Fujairah dropped by 3.5 percent to 19.855 million barrels in the week to Monday. The biggest decline was in heavy residue stocks, which fell by 8.2 percent to 7.573 million barrels. Bunker demand at Fujairah has been supported by a wide discount to Singapore's prices. Light distillate stocks slipped 3.8 percent on the week to 10.318 million barrels.

Published by Editor - www.Livebunkers.com at 18-Jan-2019 09:30:40 [UTC] , contact editor at editor@livebunkers.com