Two coinciding events in the oil industry point investors to a little-known opportunity in Southeast Asia, says emerging markets expert Irwin Greenstein.

While the Georgian conflict grabbed the headlines, a related news piece out of London was all but buried. To see the entire opportunity, however, you really need to follow the bread crumbs, which lead you to Southeast Asia.

It’s all about logistics, says Irwin. In particular, the challenge now facing China of sourcing reliable supply of oil that doesn’t rely on pipeline transportation.

Crude oil futures have fallen below $125 a barrel in volatile trading this morning following a strengthening in the US dollar.

What are the factors leading to oil’s short-term drop? John McCain says we have George W. to thank. Justice Litle says this is nonsense. The fall of crude oil is more likely due to a number of factors coming together at once, says Justice. Like a new report from the US Geological Survey showing there could be 90 billion barrels of oil in the frozen arctic.

If oil continues to slide, keep an eye on Asian stocks and ETFs. They could be a major beneficiary…

Editor’s Note: Between 1987 and 1990 Taiwan’s stock market boomed. Stocks gained 991%. The Taiwanese currency rose another 40%. Foreign investors would have made 14 times their money during this time. Tom Dyson says Taiwan is set for another huge rally. So does Jim Rogers. We’re all ears.

Petroleo Brasileiro SA and the UK’s BG Group have made a second major oil find in Brazil’s Santos Basin.

The Guara exploration well struck oil in the BM-S-9 concession area – the same block as September’s Carioca discovery, which could contain as many as 33 billion barrels of oil.

“There are those who will tell you that oil is a cyclical business and a global fungible commodity,” says Christian DeHaemer in Taipan Daily.