The stockpiles of refined oil products at the oil trading and bunkering hub of Fujairah dropped for a third consecutive week, the longest stretch in a year, dragged by a 13% slump in gasoline and other light distillates amid signs that product was moving to Singapore. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total stockpiles stood at 26.886 million barrels on July 13, down 1.7% on the week, the Fujairah Oil Industry Zone said July 15 in a report. The total was the lowest since May 4, according to inventory data compiled by S&P Global Platts since January 2017. The last time stockpiles fell three or more weeks in a row was […]