Middle East Economic Survey
Suez Southbound Petroleum Flows Continue To Fall, Northbound Increases
The transit of southbound oil products through the Suez Canal in November was down year-on-year for a third consecutive month, the Suez Canal Authority (SCA) has reported. Cargoes of southbound petroleum products were down 12.4% to 2.31mn tons, compared to 2.64mn tons the same month last year. This figure was, however, an increase from Octobers figure of 2.02mn...