| 20.10.2008 - Asia-Pacific surpassed North America as the world's primary oil consuming region in 2007 |
| Crude oil prices rose 66% from a year ago to US$134.74 a barrel (US$/bbl) on June 20, 2008, amid a tight supply background and continued market speculation and concerns over conflict in the Middle East. The share prices of leading oil and gas companies in the Asia-Pacific performed bearishly over the past six months to June 20, 2008, down by 23.73% from a year ago on profit taking.... Full Press Release: Source |