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Business 05 Sep 2016 | 12:00 AM

Asia oil output to shrink on lack of investments, price may rise

SINGAPORE: 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

Business 14 Oct 2013 | 1:05 PM

Asia-Pacific oil imports by 2035 to rise close to Mideast 2011 crude output - ADB

DAEGU (South Korea): Net oil imports in the Asia-Pacific will rise to more than 25 million barrels per day in 2035, or close to the current crude output in the Middle East, as energy demand growth outpaces the rest of the world, the Asian Development Bank said on Monday.