Fereidun Fesharaki, Chairman Emeritus of FGE NexantECA, contends that the true narrative of oil markets now resides in refined products rather than crude oil. He suggests that the markets for products such as gasoline, diesel, and jet fuel have become detached from crude oil trends.
Fesharaki emphasizes the need to observe the price movements and supply-demand dynamics of these refined fuels more closely than traditional crude benchmarks to accurately assess the direction of global energy. This perspective reshapes how analysts and investors should approach understanding the sector.
His remarks were made during an appearance with Haslinda Amin on "Insight with Haslinda Amin."
