(EnergyAsia, March 19 2010, Friday) — Saudi Arabia is forecast to account for 40% of the Middle East’s oil supply and 21% of its demand in the coming years. In a recent study, UK-based Business Monitor International (BMI) projected that Middle Eastern oil consumption would rise to 12 million barrels per day (b/d) in…
SAUDI ARABIA: Share in Middle East’s oil supply and market seen rising
Posted on March 18, 2010 by EnergyAsia