Middle East Economic Survey
VOL. XLVIII
No 2
10-January-2005
Asia-Pacific Oil Demand Growth Will Exceed 1Mn B/D In 2004, FACTS Forecasts
Annual Asia-Pacific oil demand growth will set a record of 1.019mn b/d for 2004, predicts Honolulu-based FACTS Inc. In the reportAsia-Pacific Petroleum Product Demand Update: Unprecedented Incremental Growth In 2004,
published in early January, FACTS analyst Jeffrey Brown forecasts that Asia-Pacific oil consumption will grow by a healthy 600,000-800,000 b/d...
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