Energy and Environment
Global crude oil prices have fallen over 50% since last June, Shale oil production in the US is proving to be resilient, and China’s demand is slowing. The confluence of these factors may seem like a clear strong impetus for alternative energy sources, but the reality is far from that; volatility is expected to characterise the energy market for at least another half a year. What can we expect from OPEC in the near future and how long will the resilience in Shale oil production last? These are all crucial issues that will determine the fate of energy and growth in Asia tomorrow.
