- Gasoline demand growth to slow this year on EV growth in China, U.S.
May 06, 2024
In Europe, gasoline demand will grow by 50,000 bpd or 2.3% in 2024 to 2.19 million bpd, in line with recent years, FGE said.
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- How OPEC and Saudi Arabia could shape Biden’s political fate
May 06, 2024
Others, including analysts at the energy research firm FGE, said they expect oil prices in the range of $90-$95 per barrel by the third quarter of 2024.
“Demand is going to creep higher, seasonally, in the second half of the year, and...
- Heavy oil shortage spells higher cost for shippers, road builders
May 03, 2024
Refiners can balance a lighter crude diet by feeding residual fuels into secondary units. U.S. Gulf refiners could process up to 50,000 bpd extra of Mexican fuel oil to substitute heavy crude, according to FGE analyst Francisco Goncalves...
- Gas carrier fleet shipping Iranian LPG expands as exports boom
April 25, 2024
According to FGE’s Middle East managing director, Dr Iman Nasseri, Iran exported about 11m metric tonnes of liquid petroleum gas by sea in 2023 — more than 5m mt over 2018 levels. He projects total exports will increase a further 600,000...
- Nigeria’s Dangote Oil Refinery Ramps Up Production With US Crude
April 18, 2024
“The refinery is already having a sizable impact on product markets even running in its most stripped back form at minimum rates,” said Ronan Hodgson, an energy analyst at FGE.
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