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Refined Products, Gasoline, LPG, Naphtha
January 07, 2026
HIGHLIGHTS
Light distillates increase 15% in first week of 2026
Heavy distillates at two-month low
Middle distillates climb 13%
Oil products stockpiles at Fujairah in the UAE rose 1.5% in the week ended Jan. 5, adding to last year's 20% gain, according to Fujairah Oil Industry Zone data published Jan. 7.
The total rose to 18.966 million barrels from an eight-week low at the end of 2025.
Light distillates, including gasoline and naphtha, rose 15% over the week to 7.665 million barrels, the highest in eight weeks. Middle distillates, such as jet fuel and diesel, increased 13% to 2.402 million barrels, the first gain in four weeks.
Heavy distillates used for power generation and shipping decreased by 10% to 8.899 million barrels, the lowest level in two months.
The 20% increase for 2025 was the first increase in three years, with heavy distillates jumping 32%, light distillates up 9.8% and middle distillates rising 7.9%, according to the FOIZ data compiled by S&P Global Energy.
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