VOL. XLVI

No 34

25-August-2003

SUPPLY/DEMAND

Asian Demand Growth Will Resume In Late 2003, Predicts FACTS

Petroleum demand is currently depressed is some areas of the Asia-Pacific region because of the lingering effects of stock builds around the Iraq war and SARS, according to Honolulus FACTS Inc. In the report Asia-Pacific Petroleum Demand: A Brief Update, published in mid-August, FACTS analyst Jeffrey Brown says: We anticipate that things will return to normal in the latter part of 2003....