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FEREIDUN FESHARAKI
India’s state-owned refiners seek to fully revive Russian crude buys despite US pressureDespite US pressure, Indian state-owned oil refiners aim to revive discounted Russian crude purchases. However, a lack of available cargoes...
This year crude prices will touch $85-87, but long-term, oil is headed to $70: Dr Fereidun FesharakiDr. Fereidun Fesharaki forecasted that the long-term oil price would remain around $70 per barrel. He cited strong supply-demand fundamenta...
India does not need the double whammy of weak rupee and high oil prices at this juncture: Vandana HariVandana Hari explains the risk premiums and speculative factors driving oil prices up, emphasizing $70-75 as a comfortable range for India....
Golden era for refiners coming? Why Indian companies will make a lot of moneyDr. Fereidun Fesharaki highlights the shifting dynamics in the global refining and energy markets, emphasizing the growth potential in Asia...
Crude price likely to be $90-95 a barrel by end of this year; next year, maybe a little lower at $75-85: Dr Fereidun FesharakiDr Fereidun Fesharaki forecasts continued gasoline sector growth for a decade, with EV impact in 2030s. Oil complex peaks in mid-2030s, the...
Oil price to stay in $90-95 range, may not hit $100: Fereidun Fesharaki"The question is, what happens next year? And next year, we think the demand growth will be much smaller than this year because the Covid r...
Crude may touch $100-105/ barrel by early 2024; Dr Fereidun Fesharaki explains whyAccording to Dr Fereidun Fesharaki, Chairman of FGE, crude oil is easily likely to exceed $100 due to strong demand growth and balanced inv...
Market movers: What boosted Burger King stock by 6%Burger King is a beneficiary of the reopening theme. Its business is likely to see traction going ahead as vaccinations rates have surged a...
Crude price to go over $100 if deal with Iran not reached in 3 weeks: Fereidun Fesharaki“If we do not have a deal with Iran in the next three weeks, the prices will be well ahead of $100 a barrel because Opec does not have enou...
Global oil demand to make a comeback and aims to hit a new record in 2022After beginning the year at $52 a barrel, Brent crude rose as high as about $86 per barrel before tailing off at the end of the year. Forec...
Saudis raise oil prices after OPEC+ fails to add supplyThe Saudis, along with Russia, sought over the past week to rally other members around a plan to unwind production cuts incrementally and t...
Oil market in limbo as OPEC+ talks fail. How top 5 brokerages see things playing outThe immediate consequence is that an expected increase in output in August now likely won’t happen, leaving the world short of barrels as t...
Oil price will be in a mid 60s range with the bottom at $55: Fereidun FesharakiNobody knows if the Saudis are going to fix the damage in 2-3 weeks or 2-3 months
How a Persian Gulf conflict could impact commodities marketsOil could jump to $100 a barrel or higher immediately after a war breaking out.
Oil will be at $65-70 this year, without Trump tweets: Fereidun FesharakiOil supply is a game of chicken. If Russians don't cut, Saudis will.
Oil rises more than 1% on Opec-led supply cuts, trade talk hopes"Opec production curbs will stabilise the market," ANZ bank said on Wednesday.
Opec may extend production cuts till end of next yearCrude oil may drop to as low as $40 a barrel if US stockpiles increase.
Stable policy regime must for investments in gas sector: ExpertThe $ 3-4 per million British thermal unit price in United States was reflective of the surplus gas scenario in US and rates will rise.
Crude demand to stay muted, price may dip to $35-40 per barrel, says Fereidun FesharakiCrude oil prices have plummeted almost 60% since June due to oversupply but has rallied in recent weeks to touch $60 a barrel.
- Experts cautious on Malaysian pipeline
Oil industry players have given only cautious approval to Malaysia’s multi-billion-dollar northern pipeline project, citing slowing oil dem...