Middle East Economic Survey

VOL. LII

No 11

16-Mar-2009

SUPPLY/DEMAND

Demand For Products In Pacific Deteriorates, Says ESAI

Energy Security Analysis, Inc (ESAI) predicted in its 9 March Pacific Basin Stockwatch that Asias oil product demand would continue to contract as the regions economic activity decelerates. ESAI said it sees refinery throughput to be down 1mn b/d in the first quarter of 2009. Asian refiners bread and butter, middle distillates, have been seriously impacted by the downturn,...