All categories show gains for week to Nov. 8 Total inventories down 1.9% in past year Heavy distillates total rises to 10.501 mil barrels Oil product inventories at the UAE’s Port of Fujairah climbed a record 27% in the week to Nov. 8, led by heavy distillates which jumped 42% week on week, the most ever, according to Fujairah Oil Industry Zone data provided exclusively to S&P Global Platts on Nov. 10. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total inventories stood at 19.85 million barrels as of Nov. 8, the most since July 26, while heavy distillates rose to 10.501 million barrels, a three-month high, the data showed. Heavy distillates include fuels for power generation and marine bunkers. “Demand is quite poor today, while there have been delays in loading out cargoes,” a Fujairah-based bunker supplier said Nov. 9. Fujairah-delivered […]