Middle East Economic Survey

VOL. L

No 26

25-June-2007

SUPPLY/DEMAND

Fimat Sees Refinery Outages Keeping US Oil Market Tight

Fires at three US refineries are expected to curb products stockbuilding and crude throughputs in the near term, according to Fimat. In the 19 June Oil Comment, Fimat analysts Antoine Halff and Véronique Lashinski say that, despite the three major outages, other refineries have been operating normally, and refiners have increased throughput at upgrading units so that average...