Fujairah’s fuel oil inventories surged this month

Fujairah’s fuel oil stocks have averaged 74% higher so far in July than across June, Fujairah Oil Industry Zone (FOIZ) and S&P Global data shows. Changes in monthly average Fujairah stocks from June to July (so far): • Heavy distillate and residual stocks up 2.54...
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US fuel production inches up in July

US fuel production inches up in July
The US has produced 2% more fuel oil per day on average in July thus far compared to June, according to the Energy Information Administration (EIA). Changes in monthly US residual fuel oil from June to July (so far): • Production up 6,000 b/d to 309,000 b/d • Supply...
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