The Diplomat | Oil Prices: Lower For Longer? The Diplomat Asia's oil and gas consumers are set to benefit from weaker prices for an extended period, while the region's producers struggle to adjust. However, for the energy-hungry region, the latest forecasts make happy reading overall with expectations of a ... Low Crude Prices Catch Up With the US Oil Patch Oil caps third weekly loss as US stockpiles sustain glut US oil for December delivery settles at $40.39 a barrel, down 0.4% |