Asia Oil Policy News

Pakistan is set to receive its first-ever shipment of crude oil from the United States after its largest refiner, Cnergyico, finalised a deal with global...

The US Treasury Department has sanctioned over 50 individuals and entities, and blocked dozens of vessels...

US President Donald Trump said India will pay a "penalty" for buying Russian products in addition to its goods incurring a 25% tariff...

India's Nayara Energy has significantly scaled back operations at its 400,000 bpd Vadinar refinery since EU sanctions almost two weeks...

US Treasury Secretary Scott Bessent said that steep tariffs could be placed on China if it continues to buy crude oil from Russia, despite...

Under EU sanctions pressure, Nayara pivots to Iraqi Basrah Medium and cuts back imports as storage fills up, triggering a strategic scale down in operations.

The Trump administration's sudden mandate for permits to export ethane to China "compromised" the US' reputation for reliable supply...

Speculators in crude oil benchmarks were the least bullish since early June as focus remained on unresolved...

Russia has suspended oil loadings at its two main Black Sea export terminals following the sudden enforcement of new vessel clearance rules...

The OPEC alliance's plans to speedily return millions of barrels of idle production will limit spending...