(EnergyAsia, March 20, Friday) — US-based consultancy Energy Security Analysis Inc (ESAI) has predicted that oil refining margins in Asia will deteriorate on further contraction in the region’s oil product demand. Asia’s economies are decelerating under the weight of a looming world economic recession. Focusing on product supply in Asia six months out, ESAI’s recently…
MARKETS: Asian refining margins to deteriorate as supply outpaces demand
Posted on March 19, 2009 by EnergyAsia