VOL. XLVI
No 20
19-May-2003
SUPPLY/DEMAND
Demand Recovery Imminent, Says Hetco
Markets always appear weakest when they are about to turn, and the markets turning point should be about now, according to Edward Morse of Hess Energy Trading Company (Hetco). In the reportMay: Its Another Turning Point, published on 12 May, he says: From now on, global product demand will be on a relentless seasonal increase that should continue through August. On average, OECD product demand grows by 1.7mn b/d between...
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