- Oil prices fall back slightly but have risen over the week
April 16, 2024
“Key US data released this week has helped allay fears of a sharp slowdown in the US economy,” analysts at energy consultancy FGE said according to Reuters.
They expect that oil markets would now return to their full focus on fundam...
- Oil Traders Weigh Risks of Iran-Israel Conflict in Tight Market
April 14, 2024
Prices, which already include a risk premium of about $10 a barrel, are poised to push higher, according to Iman Nasseri, Middle East managing director at consultancy FGE.
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- Annual LPG export rises 28%
April 06, 2024
Iran last year became the biggest West Asian supplier of Liquefied petroleum gas (LPG), with exports surging 28 percent to over 11 million tons, according to an analysis of ship tracking data and market intelligence by consultancy Facts ...
- Crude price likely to be $90-$95 a barrel by end of this year; next year, maybe a litle lower at $75-85: Dr Fereidun Fesharaki
April 04, 2024
Dr Fereidun Fesharaki, Founder & Chairman, FGE, Singapore, says there is at least 10 more years of growth in the gasoline sector. The EVs are stories of the 2030s, they are not stories of the 2020s. The gasoline demand peaks first an...
- Golden era for refiners coming? Why Indian companies will make a lot of money
April 04, 2024
Dr Fereidun Fesharaki, Founder & Chairman, FGE, Singapore, says new refineries are nor coming up while demand is growing. It creates a golden age for refining, at least for the period of 2024, 2025, 2030. After that, the golden age w...