Rising oil import costs may become Asia's growing pain
Forecasts show region's import bill is set to climb back above US$500b in 2017 for the first time in 3 years
Mon, Sep 05, 2016 - 5:50 AM
A WIDENING gap between Asia's oil production and demand is creating a growing capital drain for the region and leaving countries vulnerable to global supply disruptions and a sudden surge in oil prices.
Asia's net oil imports surpassed the total amount of oil consumed in...