Stocks drop after Saudi prince warns of power demand pickup

MOSCOW (MRC) -- Stockpiles of refined oil products at the UAE's east coast port of Fujairah declined to a two-month low as of July 20, led by the biggest weekly plunge in seven months for fuels used for marine bunkers and power generation, reported S&P Global.Inventories stood at 25.342 million barrels, down 5.7% on the week and the lowest since April 27, according to data released July 2

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