Middle East Economic Survey

VOL. LIV

No 6

7-Feb-2011

SUPPLY/DEMAND

ESAI Forecasts Growth Of 950,000 B/D This Year In Asias Product Demand

US-based Energy Security Analysis, Inc (ESAI) has forecast that Asian oil demand will grow by 950,000 b/d during 2011, down slightly from projected demand growth of 1.08mn b/d in 2010. ESAI said in its latest Asia Pacific Petroleum Outlook that nearly all of the growth will occur in non-OECD economies in Asia. Of the total incremental demand for petroleum...