"Recent political developments have indicated that Qatar, Saudi Arabia and Turkey could play a role in solving Syria's crude and refined products shortage," FGE analyst Palash Jain said. Read Article  +

"Transport fuels demand barely grew and lower margins have seen gasoline and diesel exports losing steam in 2024, which has affected refinery runs," said analyst Mia Geng at consultancy FGE. Read Article  +

"We don't actually expect to see any major changes in Russian product flows, as the same volumes can travel to the same destinations, just using non-sanctioned tankers," FGE Energy analyst Eugene Lindell said. Read Article ...  +

"Near-term upside risks to crude prices, driven by concerns over persistently cold weather in the US and Europe as well as potentially tighter sanctions on Iran following Trump's inauguration, could be bearish for Asian naphtha...  +

“The uptick in diesel prices comes on the back of the latest round of particularly stringent sanctions on Russian vessels and Russian refiners,” said Eugene Lindell, head of refined products at consultancy FGE. Read ...  +

“The suspension of the Russian gas flow via Ukraine could result in a net loss for the European market, necessitating higher LNG imports to balance the market in 2025,” Siamak Adibi, an analyst at consultancy FGE, told Reuters ...  +

Energy consultancy FGE has said Mr Trump’s return to the White House could jeopardise up to 1 million bpd of Iran’s production and exports this year, with its base case projecting an output decline of 250,000 bdp to 300,000 bpd...  +

“This year, oversupply in China’s oil market will grow further,” said Mia Geng, an analyst at industry consultant FGE. “We could see more teapot shutdowns, both temporary and permanent.” Read Article  +

FGE analysts said they expect the benchmark prices will fluctuate around current levels in the near term "as activity in the paper markets decreases during the holiday season and market participants stay on the sidelines until th...  +

"We anticipate that Al Zour's LSFO exports to Fujairah will remain elevated next year, primarily driven by year-on-year growth in the UAE's (United Arab Emirates') bunker fuel demand," said Palash Jain, FGE's Middle East oil mark...  +