FUJAIRAH DATA: Oil product stocks decline for third consecutive week

Oil product inventories at Fujairah in the UAE fell 9.9% in the week ended Oct. 12, led by a 30% decline in heavy distillates used as ship fuel and for power generation, according to Fujairah Oil Industry Zone data published Oct. 14. Total inventory fell to a four-week low of 6.825 million barrels, marking a ...