VOL. XLIV

No. 26

25-June-2001

SUPPLY/DEMAND

Middle East Producers Set To Increase Dominance of Asian Crude Market, Says FACTS

The Asia-Pacific regions crude oil demand is forecast to increase rapidly, mainly due to rising regional refining capacity, according to Honolulu-based FACTS Inc. In its report Energy Advisory No 255: Outlook for Crude Oil Supply and Demand in the Asia-Pacific Region, published in early June, FACTS says that most of the increased demand will be met with imports, which are...