{
  "id": 14667815,
  "title": "FUJAIRAH DATA: Oil product stocks decline for third consecutive week",
  "url": "https://urgent.news/2026/10/15/fujairah-data-oil-product-stocks-decline-for-third-consecutive-week",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T10:00:49.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/fujairah-data-oil-product-stocks-decline-for-third-consecutive-week/"
  },
  "original_language": "en",
  "account": "Oil product inventories at Fujairah in the UAE experienced a significant decline for the third consecutive week, according to data published on October 14. The total inventory fell to a four-week low of 6.825 million barrels, marking a 34% decrease over the past three weeks. Heavy distillates, primarily used as ship fuel and for power generation, saw a 30% decline, falling to 3.291 million barrels, which was also the lowest in four weeks.\n\nFujairah-delivered marine fuel with a 0.5% sulfur content increased to $993 per metric ton on October 13, the highest level since September 21, marking a 2% increase from the previous day. Similarly, high-sulfur fuel priced at 380 CST rose by 0.4% to $738 per metric ton over the same period, with the HSFO price reaching its highest level since September 16, according to Platts assessments by S&P Global Energy.\n\nIn contrast, light and middle distillate stocks showed an increase over the week. Middle distillates like diesel and jet fuel surged by 21%, reaching 2.774 million barrels, the highest level since February 23 prior to the Iran war that began on February 28. Light distillates, including gasoline and naphtha used in petrochemicals, recorded a 30% increase, rebounding from a record low the previous week, as per FOIZ data compiled by S&P Global Energy since 2017.",
  "summary": "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 ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}