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Fujairah’s fuel oil inventories plunge 24% amid higher exports

Fujairah’s fuel oil inventories plunge 24% amid higher exports

Fujairah’s fuel oil inventories plunge 24% amid higher exports
in
International Shipping News
18/04/2026
Fujairah’s residual fuel oil inventories have averaged 24% lower so far in April compared to March, according to the latest data from Fujairah Oil Industry Zone (FOIZ) and S&P Global.
Changes in monthly average Fujairah stocks from March to April (so far):
Heavy distillate and residual stocks down 1.40 million bbls to 4.41 million bbls
Middle distillate stocks down 777,000 bbls to 1.24 million bbls
Heavy distillate and residual fuel oil inventories in Fujairah have dropped below 5 million bbls, reaching multi-year lows.
Fuel oil inflows into the Middle Eastern bunker hub have remained subdued this month, likely reflecting the ongoing Middle East crisis. Imports have averaged 27,000 b/d so far, up slightly from 14,000 b/d in March, according to cargo tracking data from Vortexa. All incoming volumes, for both months, have originated from Iran.
The composition of these imports has rema