Fesharaki: Oil’s Real Story Lies in Products, Not Crude

Fereidun Fesharaki, Chairman Emeritus of FGE NexantECA, stated that refined oil product markets have decoupled from crude oil prices, according to Bloomberg. Fesharaki said that gasoline, diesel, and jet fuel trends are more indicative of oil market direction than crude benchmarks. He made the comments during an interview on "Insight with Haslinda Amin."

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