Claudia Carpenter

Dec 4, 2024 | spglobal.com | Claudia Carpenter |Yue Wang

Oil product inventories at the UAE's Port of Fujairah climbed almost 23% in the week ended Dec. 2, rebounding from a record low a week earlier, led by a surge in heavy distillates, according to Fujairah Oil Industry Zone data published Dec. 4. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Total stockpiles rose to 17.487 million barrels, the highest since Sept. 16, according to FOIZ data compiled by S&P Global Commodity Insights since 2017.

Nov 27, 2024 | spglobal.com | Yue Wang |Claudia Carpenter

Oil product inventories at the UAE's Port of Fujairah declined 15% in the week ended Nov. 25 to the lowest level on record, according to Fujairah Oil Industry Zone data published Nov. 27. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The total dropped to 14.235 million barrels, below the previous all-time low set in February 2022, according to FOIZ data compiled by S&P Global Commodity Insights since 2017.

Nov 13, 2024 | spglobal.com | Claudia Carpenter |Yue Wang

Oil products inventories at the UAE's Port of Fujairah climbed 2% in the week ended Nov. 11, with only middle distillates falling, according to Fujairah Oil Industry Zone data published Nov. 13. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Total inventories rose to 16.465 million barrels, a two-week high, as reported by FOIZ data compiled by S&P Global Commodity Insights.

Nov 10, 2024 | spglobal.com | Claudia Carpenter

Record low urea exports by China pose a "favorable" short-term outlook for nitrogen fertilizers, UAE-based fertilizer exporter Fertiglobe said on Nov. 11. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. "The longer-term outlook continues to be supported by improving demand from new and existing applications, coupled with limited supply additions," the company said in an earnings statement to the Abu Dhabi Stock Exchange.

Nov 7, 2024 | spglobal.com | Surabhi Sahu |Claudia Carpenter

Global gas liquefaction capacity is expected to grow to about 700 million mt/year by 2030 to meet increased demand for the fuel as some countries such as India raise their reliance on LNG to meet their energy needs and advance their net zero ambitions, Petronet LNG Limited Managing Director and CEO Akshay Kumar Singh said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.