Fujairah’s residual fuel oil inventories have averaged 10% lower in the first two weeks of this month than across July, Fujairah Oil Industry Zone (FOIZ) and S&P Global data shows.

Changes in monthly average Fujairah stocks from July to August (so far):

• Heavy distillate and residual stocks down 990,000 bbls to 8.54 million bbls
• Middle distillate stocks down 44,000 bbls to 2.26 million bbls

Fujairah’s heavy distillate and residual fuel oil inventories have dropped below 9 million bbls, hitting their lowest level since January.

The Middle Eastern bunker hub has imported 194,000 b/d of fuel oil so far this month, down from 254,000 b/d in July, according to cargo tracker Vortexa. Most imports came from Nigeria (34%), Georgia (25%) and Iran (16%).

Fuel oil exports from Fujairah have also fallen by 65,000 b/d to 144,000 b/d, with the majority going to Malaysia (28%), Singapore (14%) and Mauritius (12%).

Middle distillate stocks at the port have declined as well, averaging 2% lower than in July.

Despite subdued demand, Fujairah continues to experience tight prompt bunker availability across all fuel grades. Lead times remain at 5–7 days, although some suppliers can still accommodate prompt orders—typically at premium rates.

By Tuhin Roy

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