Oil products inventories at Fujairah in the UAE fell 21.5% in the week ended March 9, the biggest weekly drop since February 2022, according to Fujairah Oil Industry Zone data published March 11 and compiled by Platts, part of S&P Global Energy, since 2017.

The total fell to 16.317 million barrels, the lowest since September 2025. Fujairah has been subject to fires, plant closures and falling debris since war broke out Feb. 28.

Light distillates including gasoline and naphtha fell the most, down 29% week over week to 7.028 million barrels, the lowest since Dec. 29. Middle distillates such as diesel and jet fuel dropped 8.1% week over week to 2.469 million barrels, the lowest since Jan. 5. Heavy distillates used as fuel oil for power generation and shipping slumped 17% week over week to 6.820 million barrels, the lowest since Oct. 27.
Source: Platts