Crude Retreats From Yearly Highs, as Iran, Cushing Remain in Focus
May 04, 2015Crude futures fell mildly on Monday after approaching near six-month highs, as investors locked into profits from last month's extended rally.
Read Article
+
Little Chance Big Oil's Refining Boom Will Last For Long
May 01, 2015The world's top oil companies can expect only limited solace from refining for the rest of the year, even as the often-troubled segment proved valuable in the face of sinking oil prices.
Read Article
+
Chinaoil Buys Record Amount of Mideast Crude Amid World Oil Glut
April 29, 2015The trading unit of China’s biggest energy company bought a record amount of Middle East crude oil supplies this month on a Singapore trading platform, surpassing the previous high reached in October.
Read Article
+
Weaker oil price erodes ethane cost advantage over naphtha
April 28, 2015Declining crude oil prices have eroded but not fully destroyed the cost advantage of ethane over naphtha, according to recent industry analysis.
Read Article
+
Oil Market Surplus Likely to Persist for Rest of 2015
April 24, 2015There has been considerable speculation recently that the oil market surplus is diminishing, with balance likely to return later this year. However, in our view, the oil market surplus has hardly been reduced at all so far, despite the sharp drop ...
+
LNG to corner 12% of bunker market by 2030
March 27, 2015FGE Chairman Dr. Fereidun Fesharaki this week told an audience at the Fujairah Bunkering and Fuel Oil Forum (FUJCON 2015) that demand for Liquefied Natural Gas (LNG) as a marine fuel will grow to capture 12 percent of the global bunker market by 2...
+
No returns on LNG for years, global energy expert warns
March 24, 2015Australia’s new generation of liquefied natural gas projects are unlikely to generate a return on investment for the foreseeable future, one of the world’s foremost energy experts has warned.
Read Article
+
India's new gas pricing formula makes no sense
February 19, 2015Slamming the new natural gas formula as making "no sense", world renowned energy expert Fereidun Fesharaki has said only guaranteed market prices along with stable policy regime would bring in investments from global majors.
Read Article
+
Oil prices fall after recent gains
February 19, 2015Oil prices fell on Wednesday as investors looked ahead to U.S. inventory data, which are expected to show that stockpiles hit a record last week.
Read Article
+
Crude demand to stay muted, price may dip to $35-40 per barrel
February 18, 2015The recent rally in crude prices from $40 lows is not a trend reversal as demand would be muted in 2015 amidst surplus in the market, one of the world's leading oil experts has said. Oil prices could drop again to $35-$40 per barrel, Fereidun Fesh...
+