FUJAIRAH DATA: Oil product stocks rise another 17% in week to June 29
Oil product stocks at Fujairah rose 17% in the week to June 29, reaching 7.999 million barrels, though they remain 61% below pre-Middle East war levels, with light distillates at an all-time low. Sluggish demand and higher prices are diverting vessels to alternative bunkering ports in India and West Africa, indicating a potential shift in maritime fuel supply patterns away from Fujairah.