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 ...  +

  "Once we get out of that down cycle, maybe sometime in the early 2030s, it will be a situation where the crackers start to ramp back up again. And at that point, I think we have to question whether there's enough seaborne su...  +

Consultant FGE said this week that it now expects global diesel demand to decline versus a year earlier in the secopnd and third quarters as consumption slows, citing burgeoning impact of the trade war. "This reflects noth wor...  +

Middle East oil refineries are set to add 618,000 b/d of production capacity by 2029, turning the region inot a net exporter equal to about 6 million b/d by 2030 and approaching 7 million b/d by 2040, according to an analysis b...  +

 In the longer term, analysts warn of a potential supply gap.[...]The Opec group of oil producers, where Saudi Arabia is the biggest, has said at least $500 billion a year is needed through 2045 to avoid future shortfalls.“Chao...  +

All of Trump tariffs, if not revoked through negotiations, could slow trade and reduce demand for transport and marine fuels, alongside broader industrial activity, Iman Nasseri, managing director at Facts Global Energy (FGE), ...  +

Armaan Ashraf, global head of natural gas liquids at consultancy FGE, said tarifs could force Chinese PDH operators to cut average operating rates by nearly 15 percentage points and curb demand for propane from steam crackers a...  +

Consultancy FGE estimates a recovery of 50,000 barrels per day (bpd) for Shandong independents' crude runs in March, having dropped by 400,000 bpd between December 2024 and February 2025. Runs should recover further in April a...  +

Iran could maintain stable crude output even if nuclear talks with the US collapse and Washington reimposes stricter sanctions, FGE analyst Mia Geng said Wednesday. The OPEC producer has ample storage capacity to absorb surplus...  +

"When you are crude producer and refiner, then you can supply the world: You can sell your LPG and naphtha to Asia, sell your gasoline to Africa and Latin America, sell your diesel and jet to Europe," FGE [Managing Director Mid...  +