- Fuel oil demand defies forecasts due to Red Sea disruptions and shadow fleet expansion
October 02, 2025
These diversions [Red Sea] have increased fuel oil demand by around 100,000 bpd, roughly 2% of global bunker demand, according to consultancy FGE.
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- Imported feeds to make up 30% of US BBD production in 2026
October 02, 2025
According to FGE, a large portion of the US' Renewable Volume Obligations for 2026 will have to come from imported feedstocks due to aggressive blending targets set by the US Environmental Protection Agency, in spite of new...
- Global Crude Exports Set To Hit All-Time High In October
September 30, 2025
Global energy consultant FGE estimates that global crude exports increased by 0.7 million barrels per day in September from August levels to 40.4 mmb/d, a slight uptick from August’s 0.6 mmb/d m-o-m gain.
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- American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures
September 14, 2025
According to global energy consultant FGE, overall U.S. oil production increased throughout 1H 2025 despite declines from smaller producers. This trend is pretty much in line with FGE's earlier prediction that lower crude ...
- Light ends: Refinery outages support late-summer gasoline rally
August 15, 2025
Planned and unplanned refinery issues are simultaneously tightening Middle East supplies, providing support to gasoline cracks in Asia.
That includes issues at Aramco's 85,000 bpd reformer at its Jizan plant, alongside rep...