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Middle East Fuel Oil Exports Set to Hit Four-Month High

Fuel oil exports from the Middle East are expected to rebound to a four-month high this month as tanker traffic through the Strait of Hor…

Source OilPrice AI Summary Updated 2h 17m ago

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Fuel oil exports from the Middle East are expected to rebound to a four-month high this month as tanker traffic through the Strait of Hormuz picks up and key fuel oil producers Iraq, Saudi Arabia, and Oman have moved to increase shipments from ports outside the Persian Gulf. Middle Eastern fuel oil exports are set to jump by 20% from May to about 508,000 ba…

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