fw weakening demand put squeeze spot refining margins cera decision brief fyi original message webmaster cera com mailto webmaster cera com sent friday october 05 2001 11 09 clients cera com subject weakening demand put squeeze spot refining margins cera decision brief title refined products markets fallout september 11 url http www 20 cera com eprofile u 35 weakening demand put squeeze spot refining margins oil demand growth slowing dramatically aftermath september 11 terrorist attacks combination sluggish gdp growth sharp decrease commercial air travel cera view result declines quarterly oil demand fourth quarter 2001 first quarter 2002 spot refining margins expected trend downward possibility periods upward volatility key factors influence path margins balance year 2002 include weakening supply demand fundamentals weak economies reduced commercial air travel drive demand opec production policy effect inventory levels supply security concerns including perceived risks disruptions physical supply could result new attacks military action end follow url complete report 9 printed pages e mail category decision brief cera knowledge area global oil september 17 cera chairman daniel yergin led global client conference call discussion potential economic energy industry fallout recent terrorist attacks new york washington dc playback conference call available web http www cera com highlights teleconf _ 20010917 via telephone 1 888 203 1112 within united states 719 457 0820 outside united states please use confirmation number 784004 access call playback playback available october 17 2001 cera autumn 2001 roundtable event dates agendas available http www 20 cera com event make changes cera com profile go forgot username password go http www 20 cera com client forgot electronic message attachments contain information cambridge energy research associates inc cera confidential may privileged unauthorized disclosure copying distribution use contents message attachments whole part strictly prohibited terms use http www 20 cera com tos questions comments webmaster cera com copyright 2001 cambridge energy research associates