- About 20 million bpd of crude in focus amid Israel and Iran tensions
June 14, 2025
Iman Nasseri, managing director of Middle East at FGE NexantECA, expects oil to jump above $100 per barrel if the strait [Hormuz] is closed. "It seems like $70 to $80 (per barrel) would be the range for the short term if there ...
- Oil Market Long Numb to War Risk Confronts Weekend of Worry
June 13, 2025
“The possibility that the Strait of Hormuz closes is such a huge binary event, it makes forecasting balances challenging,” consultancy FGENexantECA wrote in a report. “Most market participants we have spoken to are not expectin...
- Private refiners tap India's drivers as export markets tighten
June 06, 2025
FGE analyst Dylan Sim said Indian gasoline consumption and diesel demand are on track to grow around 4% and 2% per year, respectively, over the next decade or so.
"Couple that with the market volatility and uncertainties see...
- Global oil refiners see short-term boost from higher margins
June 03, 2025
Global diesel supply could decline by 100,000 barrels per day (bpd) year-on-year in 2025, while demand will drop 40,000 bpd, according to energy consultancy FGE. Gasoline supply will decline by 180,000 bpd, with demand rising b...
- The Oil Market Has a Bigger Problem Than a Slowing China - India
May 27, 2025
Cuneyt Kazokoglu, director of energy economics at consultancy FGE NexantECA, notes two other key factors. First, India hasn’t urbanized nearly as rapidly as China did, with the urban-to-rural population at around 35%-65%; it’s ...