21NOV2019 - NEWS - Fujairah bunker fuel stocks hit record as shippers switch

Heavy distillates and residues rose 10 per cent to 15.42 million barrels as of Monday

Stockpiles of bunker fuels and other heavy residues and distillates climbed to a record in Fujairah this week, as shippers switched fuel types to meet new rules taking effect in January 2020, according to data released on Wednesday by the Fujairah Oil Inventory Zone (FOIZ).

Heavy distillates and residues rose 10 per cent to 15.42 million barrels as of Monday, the highest since data began to be compiled in January 2017.