UAE's Fujairah port oil inventories have fallen further to 6mln barrels

The decline in Fujairah port's oil inventories to 6 million barrels suggests tightening supply in the oil market, which could support prices, particularly for WTI and Brent.

Newsquawk StaffPublished 29 Apr 2026, 08:53 UTCOn the live feed at 08:33 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

08:43

[MARKET ANALYSIS] Bourses tilt lower as energy benchmarks climb, MSFT, AMZN, META, GOOG, and QCOM ahead

08:37

[MARKET UPDATE] Energy continues to climb as it prices extended Hormuz disruption, weighing on equities and fixed income

08:33

UAE's Fujairah port oil inventories have fallen further to 6mln barrels

08:32

Agricultural Bank of China (1288 HK) Q1 2026 (CNY): Net Income 75.19bln, +4.5% Y/Y; NII 151.20bln

08:31

ICBC (601398 HK) Q1 (CNY): Net 86.94bln (+3.3% Y/Y), NII 168.53bln

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

This reduction may reflect increased demand or OPEC's supply management efforts and could lead to a further bullish sentiment across energy markets. Traders should watch for potential volatility in oil prices and related assets as this trend develops.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Brent Nov'26, after we published+0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.