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Highlights
Middle distillates at over five-month low
Total inventories have fallen 10% this year
Egypt takes fuel oil for first time this year
Stockpiles of oil products at the UAE’s Port of Fujairah dropped to a three-week low Aug. 7 after middle distillates such as jet fuel and diesel fell 17% from a week earlier to 2.199 million barrels, the lowest since Feb. 27, according to Aug. 9 data from the Fujairah Oil Industry Zone.
