Caltex is in the "backyard" of China and India, says its managing director, Julian Segal. He tells CNBC's Karen Tso that demand for oil in Asia will continue to grow.
A double dip recession in the U.S. is unlikely according to both Lewis South, chief economist at Macquarie Funds Management Group and Peter McGuire, managing director at CWA Global Markets. They speaks to CNBC's Sri Jegarajah and Karen Tso about the U.S. economy.