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Iraqi Oil Demand Bounces Back
...aqi 2010 oil demand at 32mn tons. Deciphering Iraqi supply and demand trends is a dark art, involving an appreciation of cross-border smuggling, misreporting and simple human frailty, but a rough calculation points to demand rising relatively modestly in 2011 to about 33mn tons. But this year, it has pi...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012 -
Middle East Refinery Capacity To Surge, Says IEA
...owing regional oil product demand,” Toril Bosoni, refining analyst for IEA’s monthly Oil Market Report, told MEES. The IEA sees Middle East oil demand growing by 1.7mn b/d from 2011 to 2017 or an average annual growth rate of 3.4% – the highest in the world. With forecast additions to Middle East re...
Volume: 55Issue: 44Published at Fri, 26 Oct 2012