US Crude Exports to Asia Set to Rise

12 Nov 2024 CW Team

US crude oil exports to Asia are expected to increase, driven by intensifying competition with OPEC. According to SP Global, the US is positioned to expand its footprint in the Asian market, where oil demand is rising. This growth is influenced by the US's ability to offer competitive pricing and the region's growing reliance on diverse sources of energy.

The surge in US exports comes at a time when OPEC, the Organization of the Petroleum Exporting Countries, is facing challenges in maintaining its influence in the global oil market. With many Asian countries looking for alternatives to reduce their dependence on OPEC suppliers, US crude oil has gained traction, especially in key markets like China, India, and Japan. As a result, the US is becoming a more prominent player in Asia's energy landscape, contributing to shifts in global oil trade dynamics.

This rise in exports is also attributed to US shale oil production, which has made the country one of the top oil producers in the world. Despite OPEC's continued efforts to manage production levels, the growing demand for US crude is reshaping energy trade patterns and providing more options for Asia's oil buyers.

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..