Fujairah, UAE's marine fuel sales reach historic low in May

The total sales volume of marine fuel oil excluding lubricating oil was 96,721 cubic meters in May. Sales of low-sulfur marine fuel oil fell by 27% month-on-month to 65,120 cubic meters. Sales of high-sulfur marine fuel oil decreased by 15% month-on-month, reaching 31,601 cubic meters. Sales of low-sulfur marine gas oil saw a slight decrease of 2% to 7,157 cubic meters, while the total sales of other categories of marine gas oil amounted to 381 cubic meters. In May, the market share of low-sulfur marine fuel dropped from 71% in April to 67%, while the share of high-sulfur marine fuel rose from 29% to 33%.