{
  "id": 17301235,
  "title": "Fujairah fuel oil inventories down 9% in October so far",
  "url": "https://urgent.news/2026/10/30/fujairah-fuel-oil-inventories-down-9-in-october-so-far",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T22:00:39.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/fujairah-fuel-oil-inventories-down-9-in-october-so-far/"
  },
  "original_language": "en",
  "account": "Fujairah's fuel oil inventories have decreased by 9% in October compared to September, according to data from Fujairah Oil Industry Zone (FOIZ) and S&P Global. The reduction is primarily observed in heavy distillate and residual stocks, which have fallen by 392,000 barrels to 4.10 million barrels. Middle distillate stocks have also decreased by 27,000 barrels to 2.40 million barrels. However, the overall fuel oil stocks still remain above the August average of 3.93 million barrels. In terms of imports, Fujairah's fuel oil imports have averaged 105,000 barrels per day (b/d) so far in October, a decrease of 28,000 b/d from 133,000 b/d in September. Russia, Syria, and Saudi Arabia are the top import sources, accounting for 23%, 19%, and 18% of the imports, respectively. On the export front, Fujairah's fuel oil exports have averaged 286,000 b/d, a decline of 71,000 b/d from 357,000 b/d in September. Singapore, Pakistan, and China are the main export destinations, making up 54%, 18%, and 12% of the exports, respectively. Despite ongoing disruptions in the Strait of Hormuz due to US-Iran tensions, Fujairah's VLSFO availability has improved, according to a regional source. However, supplies of LSMGO and HSFO remain limited.",
  "summary": "Fujairah’s fuel oil stocks have averaged 9% lower in October so far than across September, Fujairah Oil Industry Zone (FOIZ) and S&P Global data shows. Changes in monthly average Fujairah stocks from September to October (so far): • Heavy distillate and residual stocks down 392,000 bbls to 4.10 million bbls • Middle distillate stocks down ...",
  "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."
}