Middle East Economic Survey


No 46



Suez Southbound Oil Flows Down In October, Northbound Traffic Resilient

The transit of southbound oil products through the Suez Canal fell for a second consecutive month in October, to 2.03mn tons, which also marked a 33.1% drop from the same figure last year. In September, southbound petroleum products totaled 2.56mn tons, a 5.7% rise from the same month in 2009 that ended a two month streak of year-on-year declines. Southbound...