Middle East Economic Survey
VOL. XLVIII
No 7
14-February-2005
Middle East Products Market Spurred By High Crude Prices, Says FACTS
The Middle East is becoming a major oil products market in its own right rather than merely a center for exports, according to Honolulus FACTS Inc. In the report Growing Strength In Middle Eastern Products Markets, published in January, FACTS analyst Nancy Yamaguchi observes: Regional oil demand has grown at rates averaging about 4% in the last decade, and we forecast...
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