Asia Oil Policy News

China could be considering a large second batch of oil product export quota as rising gasoline prices...

Global oil consumption is continuing to grow and will hit a record 102.9 million bpd this year due to demand growth led by China and India, the...

Iraq is in the process of repairing an oil pipeline to export crude to Turkey, which could act as an alternative to the Kirkuk-Ceyhan pipeline...

Global oil markets are set to tighten in the second half 2024, which could in turn constrain demand unless OPEC starts unwinding production cuts...

A senior US government official said that Washington has not asked India to reduce Russia crude oil imports, but reiterated that unrestricted...

Singapore's approach to building a sustainable aviation fuel ecosystem is to strike a balance between economic competitiveness and...

Ukrainian forces have struck another Russian refinery in the latest in a wave of drone attacks, with social media footage posted Tuesday...

Moscow has ordered Russian oil producers to rein in production with combined output set to be capped at 9 million bpd to ensure...

India's Reliance Industries has halted oil imports moved by Sovcomflot after the US targeted Russia's largest tanker operator with...

Chinese demand for refined oil products could fall sharply in the coming years as Beijing continues to expand...

Oil and gas executives attending this week's CERAWeek in Houston remain relatively upbeat on the outlook for global LNG markets...

Iraq has reiterated its pledge to rein in crude oil output and exports, having topped the list of OPEC+ overproducers during the first two months...

Saudi Aramco President & CEO Amin Nasser said governments and policymakers should give up on the "fantasy" of phasing out oil and gas...

India's Reserve Bank has asked state-owned refiners to push Middle East Gulf crude oil suppliers to accept at least 10% of payments in rupees...

The Rubymar bulk carrier hit by Yemeni missile strikes near Bab al-Mandeb on February 18, has sunk according to US Central Command...

The Chinese government has decided to raise domestic price ceilings for gasoline and diesel for...

ULSD refining margins in Europe and Asia were set to end the day at their lowest level in six weeks as weak US demand data dovetailed...

Russia will not look to halt exports of diesel as it has done with overseas gasoline sales to destinations outside the CIS, deputy...

Russia will ban gasoline exports for six months effective 1 March, government officials announced Tuesday...

South Korea is to extend tax cuts on domestic fuel prices again in a bid to...