(EnergyAsia, May 29, 2019, Wednesday) — Australia’s fossil fuels industry heaved a collective sigh of relief following the surprise re-election of the climate skeptic and political conservative Scott Morrison as prime minister in the country’s recently concluded general election….
INDIA: Booming economy trumped oil concerns under Modi government’s first term
(EnergyAsia, May 28, 2019, Tuesday) — In his first term as India’s prime minister, Narendra Modi delivered a booming economy and fuelled nationalistic pride….
CHINA: Oil demand growth underestimated by IEA and other agencies, says analyst
(EnergyAsia, May 26, 2019, Sunday) — Oil prices will find support from China for the rest of 2019 if analyst Laban Yu is proved correct that the country’s oil demand growth is much stronger than estimated by the world’s leading energy agencies….
ASIA: Rising US oil exports helping to calm region’s nerves, but for how long?
(EnergyAsia, May 24, 2019, Friday) — Underpinned by Asia’s continuing strong energy appetite, US crude exports surged to a record two million b/d last year from 1.2 million b/d in 2017….
ASIA: Rising US crude exports to partly replace loss of Iran, Venezuela supplies
(EnergyAsia, May 6 2019, Monday) — The United States’s emergence as a leading global crude oil exporter in 2019 will partly help Asia cope with the loss of supply from Iran and Venezuela, two analysts said….
ASIA: Refiners under pressure from “unfavorable” industry fundamentals, says Moody’s
(EnergyAsia, May 2, 2019, Thursday) — Asia’s oil refiners will have to live off meager earnings for the rest of the year due to weak market conditions carried over from 2018, said Moody’s Investor Service….