Oil product inventories at Fujairah in the UAE declined 4.3% in the week ended June 15 to a fresh record low of 5.145 million barrels, according to Fujairah Oil Industry Zone data published June 17. Stocks of light distillates, including gasoline and naphtha, fell 33% to a new all-time low of 1.376 million barrels. Inventories have dropped every week since the week ended Feb. 16, according to FOIZ.