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Refined Products, Crude Oil, Fuel Oil, Jet Fuel, Gasoline, Diesel-Gasoil
May 13, 2026
By Claudia Carpenter and Yue Wang
Editor:
HIGHLIGHTS
Heavy distillate stocks rise 0.5% on week
Total inventories at record low
Oil product inventories at Fujairah in the UAE slipped 0.1% in the week ended May 11, even as heavy distillate stocks climbed for the first time since the Middle East war started, according to Fujairah Oil Industry Zone data published May 13.
The total fell to 6.497 million barrels, a record low and the 10th consecutive decline.
Stocks of heavy distillates, used for power generation and as ship fuel, rose 0.5% to 2.837 million barrels, the first increase since the week ended March 2, the data showed.
Meanwhile, stocks of light distillates such as gasoline and naphtha slipped 0.8% to 2.531 million barrels, the fourth straight all-time low, while middle distillates, including jet fuel and diesel, climbed 0.1% to 1.129 million barrels, rebounding from the three-week low seen a week earlier, according to the data.
Platts assessed 0.5%S marine fuel delivered in Fujairah at $900/metric ton on May 12, up 4.1% day over day. It reached $1,126/mt on March 12, the highest since July 2022. High sulfur fuel oil delivered in Fujairah was assessed at $685/mt on May 12, up 2.2% day over day. Platts is part of S&P Global Energy.