- Global diesel prices to rely on refinery closures for support in 2025
December 12, 2024
FGE forecasts Asia's diesel cracks to average less than $14 a barrel for the first half next year - slightly lower or table relative to current levels.
Read Article
- Assad's ouster removes key outlet for Iran's crude
December 10, 2024
"The flow will stop, at least for the time being," said Iman Nasseri, managing director for the Middle East at FGE. "But Iran will want to continue supplying this oil to Syria, or else it may be forced to cut production by anywhe...
- Oil prices dip as extended OPEC+ supply cuts highlight weak demand
December 06, 2024
The latest extension puts OPEC+ output below major banks' previous forecasts, which could provide some support for the market going forward, analysts at energy-focused consultancy FGE said.
Read Article
- US Diesel Exports to ARA Set to Rise
December 06, 2024
"The U.S. Gulf Coast will continue to need to clear excess diesel and much of this will still end up in Europe," Ronan Hodgson, middle distillates analyst at FGE said.
Read Article
- After decades, China sputters as engine of global oil demand growth
December 03, 2024
Consultancy FGE predicts China's crude imports may peak next year at 11.2 million bpd, on par with the record set in 2023 and 440,000 bpd above levels in the first 10 months of 2024.
...
FGE believes China's diesel demand...