Middle East Economic Survey

VOL. LII

No 12

23-Mar-2009

ESAI Sees Low Refinery Runs In US, Europe

Boston-based Energy Security Analysis, Inc (ESAI), in its recently released Atlantic Basin Stockwatch Marketview, forecast low refinery runs over the next six months in the US and Europe. ESAI said it sees a 300,000 b/d year-on-year decrease in US refinery throughput levels to 14.7mn b/d over the next six months, with New York Harbor refining margins averaging $8/B during this period. For Europe, it...