- Return of Libyan exports weighs on European crude market
October 16, 2024
In the first 11 days of October, the differentials of other major Mediterranean crude grades – CPC Blend, Saharan and Libya's own Es Sider blends also weakened, FGE Energy analyst Sofia Pribludnaja said.
"Looking ahead, these Medi...
- Iran's resilient LPG exports face growing threat
October 15, 2024
The threat for the LPG market is lower than it is for crude, but if Israel were to target Iran's gas processing plants or the two refineries in Bandar Abbas — PGS and Bandar Abbas — which yield over 20pc of the country's refinery LPG...
- Dangote’s Nigerian Crude Grab to Shake Up Atlantic Oil Markets
October 07, 2024
The West African crude market is set to be “substantially tighter” in the fourth quarter because of the supply to Dangote, said Ronan Hodgson, a London-based analyst at FGE. The volumes could even send Nigerian exports below 1 millio...
- Markets Brace for Middle East Oil Supply Shock
October 05, 2024
The market has started to price in some form of Israeli attack on Iranian oil infrastructure, consultancy FGE said in a Friday note. Any disruptions to Iranian oil supplies will likely push Brent oil prices above $80 per barrel, but ...
- Mideast’s Rising War Risk Puts Spotlight on Iran’s Quiet Oil Comeback
October 04, 2024
Vessels often turn off identification transponders, making Iranian flows difficult to track. As a result, several institutions — like the International Energy Agency and consultants FGE — have higher estimates than data compiled by B...