In a note to clients, FGE analysts said, "Despite the end of peak refinery maintenance, persistently weak diesel demand and a slowdown in gasoline consumption provided little incentive for refiners to ramp up." They added, "There is no ...  +

"Markets continue to remain wary of Chinese oil demand after June data came in weaker-than-expected," analysts at consultancy firm FGE said. Still, the outlook for Chinese crude oil imports is brightening, FGE analysts noted, citing a...  +

 “The increased demand for fuel oil in the Saudi power sector can be attributed to an unusually hot summer,” Palash Jain, Middle East oil analyst at Facts Global Energy, told AGBI.  Jain said that, in addition, the Saudi Aramco Shell ...  +

“Although the latest EIA weekly stocks data have helped flip the month-to-date July observable on-land stocks trends from a build to a small overall draw, while recent US gasoline demand has looked much stronger, oil markets remain in ri...  +

Analysts at consultancy firm FGE, though, said broader inventory trends look more bearish than expected this month. They noted U.S. crude stocks have drawn at a slower-than-usual pace for this time of the year and global fuel stocks rose...  +

The Dangote refinery expects to export diesel to customers in Europe, as well as gasoline to Latin American and African markets. However, production of Euro V gasoline, the gasoline complying wth Europe's emissions standards, is not expe...  +

“Rising crude prices could further dampen China’s crude-buying appetite,” Mia Geng, analyst at energy consultancy FGE, told Bloomberg. “Although we expect China’s crude imports to move sideways in the third quarter at around 11 million b...  +

Eugene Lindell, head of refined products at energy consultancy FGE, told Reuters a dependency on fuel imports could leave Scottish fuel prices exposed to extra freight costs, as diesel and jet imports in particular would likely have to b...  +

Oil supplies have also come under pressure from weather-related disruptions which could worsen in the coming weeks. Heavy rains have caused Ecuador’s production to decline by 100,000 barrels a day over the past week, FGE Energy said on F...  +

The refinery expects to export diesel to customers in Europe, as well as gasoline to Latin American and African markets. However, production of Euro V gasoline, the gasoline complying with Europe’s emissions standards, is not expected to...  +