Crude oil market analysis and exclusive operation strategy
September 16, 2024
In a note to clients, FGE analysts highlighted disappointing global trade data for August, further confirming the weakening trend in oil demand.
Read Article
+
WTI rises to near $68.50 due to output disruptions in the US Gulf of Mexico
September 13, 2024
FGE analysts estimated a larger drop of 60,000 bpd, bringing total output to 1.69 million bpd. Official reports indicated that nearly 42% of the region's Oil production had been shut in as of Thursday.
Read Article
+
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.
Read Article
+
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.
Read A...
+
APPEC: Oil markets increasingly desensitised to geopolitical events
September 10, 2024
Fereidun Fesharaki, Chairman of oil consultants FGE told delegates in Singapore that there had been few significant supply disruptions despite ongoing conflicts in the Middle East and Eastern Europe.
Read Article
+
Nigeria’s Giant Dangote Oil Refinery Is Filling Gasoline Tanks
September 03, 2024
"The quality of Dangote's gasoline is not expected to be a large issue, with the refinery equipped to produce high-spec products across the barrel," said Ronan Hodgson, energy analyst at FGE.
Read Article
+
Analyst Talks Oil Prices, Flags Toxic Mix
September 03, 2024
In another exclusive interview yesterday, James Davis, the Director of Short-Term Global Oil Service & Head of Upstream Oil at FGE, told Rigzone that "looks as though Libya's central bank is nearing a deal that could see oil output r...
+