VOL. XLVI
No 29
21-July-2003
SUPPLY/DEMAND
Middle East Demand Emphasis Shifting Towards Gasoline, Says FACTS
The Middle East continues to be a vibrant oil market, with overall products demand expected to rise by an average 124,000 b/d a year during the current decade, according to Honolulu-based FACTS inc. In the report Middle Eastern Oil Market Update, published last month, FACTS analyst Nancy Yamaguchi wrote: The pattern of demand has shifted slightly away from fuel oil and jet fuel towards...
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