Asia Oil Policy News

India has seen a shift back towards Middle East crude oil supplies in 2024 but the move could prove short-lived...

Russian deputy prime minister Alexander Novak has denied the country is about to reimpose limits on diesel exports, scotching rumours it...

Rising diesel prices in Russia have moved the government to consider reimposing a diesel export ban a day after it said it would...

Thailand's government is on track to ease financial support for domestic diesel prices as fiscal deficit deepened due to...

Extensive damage has been caused at a refined oil product import terminal at the port of Hodeidah in Yemen after an Israeli air strike on Saturday...

Iran has been plotting a revenge attack on former President Donald Trump in retaliation for the 2020 that killed top Iranian general...

Japan is looking to ramp up jet fuel imports in a bid to tackle the supply shortage due to surging air travel demand, according to a...

Russia and India have held high level talks with a few to cementing long-term crude sales to Asia's second largest crude importer...

BP has increased its outlook for future oil demand amid a slowdown in the growth in energy efficiency, while fossil fuel demand...

The EIA expects Brent crude prices to continue to rise out to the year end, pointing to tightening global supply as it put an $89/b forecast...

China and Kazakhstan want to boost bilateral oil and gas trade, with a Thursday statement from the two countries pledging to increase...

Shell will temporarily halt construction work at its Rotterdam biofuels facility to make sure the new plant is competitive and to address project...

Russia has extended an exemption to its gasoline export ban for another month, officials were quoted over the weekend...

Iraq's crude oil exports rose almost 2% on the month in May, with it exported 104.3 million mt of crude oil through the month, equivalent to...

PetroChina's US trading arm has been fined $14.5 million by authorities over violations of export regulations, the Department of Justice...

Ukraine has claimed a series of successful strikes on four Russian refineries as part of an overnight attack involving up to 100 drones on Russia...

Japan is set to extend government subsidies on domestic gasoline to at least...

Growing energy demand in non-OECD countries meant global fossil fuel usage hit a record high in 2023 despite decarbonisation efforts that...

European Union countries have added liquified natural gas (LNG) to the latest package of sanctions aimed at Russia...

Russian refined product exports are yet to pick up in June despite the reopening of some of its damaged refineries, a move that could be...