VOL. XLVI

No 12

24-March-2003

SUPPLY/DEMAND

Asian Demand Increasingly Price Sensitive, Says FACTS

While Asia-Pacific petroleum consumption has in the past been much less sensitive to oil price swings than other areas of the world, this is no longer the case, according to Honolulu-based FACTS Inc. In the report Asia-Pacific Petroleum Product Demand, published in February, FACTS analyst Jeffrey Brown writes: As a result of market liberalization, the regions consumers are much more exposed to oil...