- Oil Prices Continue Rally, Capping a Volatile Week
September 13, 2024
Oil producers were assessing damage and conducting safety checks on Thursday in preparation for resuming operations in the U.S. Gulf of Mexico. Estimates of supply loss due to Francine were emerging ... FGE analysts predicted a 60,000 ...
- Oil rises 2% as storm batters US Gulf of Mexico production
September 12, 2024
Analysts at FGE said crude output in Libya is recovering and export loadings are resuming, but warned that a full recovery remains uncertain.
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- Libya Sees Slow Recovery in Crude Oil Exports
September 12, 2024
Analysts at FGE have reported that Libya’s crude production has risen by around 200,000 bpd since the beginning of the month, now standing between 650,000 and 700,000 bpd. However, exports from western Libya are expected to remain mini...
- Oil prices extend recovery rally to cap volatile week
September 12, 2024
Oil producers assessed damages and conducted safety checks on Thursday as they prepared to resume operations in the U.S. Gulf of Mexico, as estimates emerged of the loss of supply from Francine. ... FGE analysts estimated a 60,000 bpd ...
- APPEC: Asian oil market growing numb to geopolitics as demand, margins eclipse supply woes
September 10, 2024
"The oil market is like a swimming pool... [geopolitical issues and sanctions] can shift [supply-demand dynamics] from one side to another but the actual swimming pool itself is still there," said FGE Chairman Fereidun Fesharaki.
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