Oil product inventories at Fujairah rose 0.8% in the week ended 31 August as gains in light and middle distillates more than offset a further fall in heavy distillates used as fuel oil for shipping and power generation, according to Fujairah Oil Industry Zone data published on 2 September and reported on 3 September.
Total oil product stocks were recorded at 6.412, the Fujairah Oil Industry Zone figures show. The figure was supplied in the same data release that detailed the split between lighter product gains and the decline in heavy distillates.
Heavy distillate inventories fell to a two-month low, the report stated, continuing a recent downtrend for the category most commonly used as bunker fuel and for some power‑generation applications. The drop in heavy distillates was the principal offset to the overall inventory increase for the week.
Light and middle distillates posted increases that outweighed the heavy distillate shortfall, producing the net 0.8% rise in total product volumes. The Fujairah Oil Industry Zone release provides the weekly breakdown that underpinned the movement in aggregate stocks.
Sources published the item under the headline “FUJAIRAH DATA: Heavy distillate stocks fall to two‑month low” on 3 September, citing the data issued on 2 September by the Fujairah Oil Industry Zone. The report set out the weekly change and the individual product trends reported for the period ending 31 August.
Weekly movements and the data timeline
The week referenced in the Fujairah Oil Industry Zone data concluded on 31 August; the data were published on 2 September and subsequently reported on 3 September. The sequence of reporting makes clear the timing of the inventory snapshot.
Product categories driving the shift
According to the published figures, lighter product categories, described in the data as light and middle distillates, rose over the reporting week. Those gains were sufficient to lift the overall stock total despite the continued fall in heavy distillates.
Key facts from the Fujairah Oil Industry Zone release and the subsequent report by reports include:
- Weekly period: week ended 31 August.
- Data publication: Fujairah Oil Industry Zone, 2 September.
- Report publication: reports, 3 September.
- Total stocks as reported: 6.412.
- Weekly change in total products: +0.8%.
- Heavy distillates: fell to a two‑month low.
The data release focuses on stock movements within Fujairah’s storage and trading complex rather than on flows to or from individual vessels or terminals. The Fujairah Oil Industry Zone figures provide a weekly inventory snapshot that market participants and analysts use to track regional product availability and category balances.
Reporting of the Fujairah figures by reports set out the headline movements and the difference between product groups. The published data make clear that, for the week in question, lighter products strengthened while heavy distillates continued to weaken, producing the net rise in total inventories recorded in the Fujairah Oil Industry Zone report.