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Asian Oil and Gas Insight

 

Oil Price Crash - Where Does Asia Go from Here?

Mar 17, 2020

Energy companies across the Asia Pacific responding to unprecedented challenges on multiple fronts 2020 has hit us like a fist. Coronavirus is already the most severe shock to hit the world economy since the financial crisis over a decade ago. A dramatic ramp-up in containment measures is having a negative economic effect and weaker GDP growth, and potentially global recession, in 2020 is now a reality…

Australia's Best Option is LNG Imports

Mar 06, 2019

Australia has painted itself into a corner with its natural gas industry and faces the stark reality that there are no easy choices to alleviate the dual problem of a looming supply crunch and the associated higher prices.Australia is far from the first country to find itself with an energy issue…

US Crude Inventory Remains High

Feb 12, 2019

U.S. crude inventory has been hovering between 430 and 450 million barrels since early December — and remains around 6% above the five year average for this time of year.But there are indications that crude supply is beginning to decrease. U…

US Crude Inventory Levels Off

Dec 31, 2018

U.S. crude inventory has leveled off after declining three weeks in a row. The latest weekly survey by the U.S. Energy Information Administration (EIA) indicates U.S. crude inventory as of December 21 was the same as seven days earlier.The past…

US Crude Inventory Drops for Third Week

Dec 20, 2018

U.S. crude inventory declined again last week. The latest weekly survey by the U.S. Energy Information Administration (EIA) indicates an inventory fall of 0.5 million barrels in the week ended December 14. While only a small drop, it is the third decline in a row…

​​​​Crude Inventory Drops Again, Brent Stays Around $60

Dec 12, 2018

U.S. crude inventory declined again last week, reducing fear of a repeat 2014/16 oil glut occurring. The latest weekly survey by the U.S. Energy Information Administration (EIA) indicates a small inventory fall of 1.2 million barrels in the week ended December 7…

Crude Inventory Growth Reverses

Dec 07, 2018

U.S. crude inventory declined last week. The latest weekly survey results by the U.S. Energy Information Administration (EIA) indicate a fall of 7.3 million barrels in the week ended November 30. This follows a 10-week streak of crude inventory…

Current News

OPEC+ Debates Biggest Ever Oil Output Cut as Virus Destroys Demand

OPEC+ Debates Biggest Ever Oil Output Cut as Virus Destroys Demand

Update: Brent Oil Rises above $32 on Hopes of Output Deal

Update: Brent Oil Rises above $32 on Hopes of Output Deal

Energean Power FPSO Hull Leaves China

Energean Power FPSO Hull Leaves China

Woodside Gets OK for Scarborough Proposal

Woodside Gets OK for Scarborough Proposal

CNOOC Transfers Pipeline Infrastructure to PipeChina

CNOOC Transfers Pipeline Infrastructure to PipeChina

Petronas Charters Alam Maritim AHTS

Petronas Charters Alam Maritim AHTS

Aker Energy Delays Ghana Offshore Project 'Indefinitely'

Aker Energy Delays Ghana Offshore Project 'Indefinitely'

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