24MAY2018 - NEWS - Oil product stocks in the Middle East's oil hub Fujairah rose by around 11% despite higher crude prices

According to the data from Fujairah Energy Data Committee (FEDCom), oil product stocks in the Middle East's oil hub Fujairah have rose by around 11 % (up by around 1.93 million barrels) for the week till May 21. For all the reported categories the inventory levels were up. The highest increase was in the stocks of heavy distillates and residues which rose by around 16.5%.