Middle East Economic Survey


No 38


ESAI Forecasts Crude Oil Demand Growth Of 1.75Mn B/D For 2010, 1.5Mn B/D For 2011

Energy Security Analysis, Inc (ESAI) has forecast crude oil demand growth for 2010 at 1.75mn b/d and 1.5mn b/d in 2011 in the latest issue of its Global Crude Oil Outlook, released on 13 September. The Massachusetts-based consultancy said several encouraging signs in the wider economy appear to point to continued healthy growth in 2011. While large spare...