Stockpiles of oil products at the UAE’s Port of Fujairah fell 12.4% in the week ended April 3, led by a plunge in light distillates, according to Fujairah Oil Industry Zone data published April 5. Total inventories fell to 19.197 million barrels, the lowest level since Feb. 13, the FOIZ data provided exclusively to S&P Global Commodity Insights showed. Stockpiles…
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