Asia Oil Policy News

A crude oil tanker transiting the Red Sea has been targeted in a series of attacks, the latest in a string of strikes aimed at forcing commercial...

Local authorities in the semi-autonomous region of northern Iraq have launched a clampdown on unlicensed refining operations in a bid to tackle...

Oil production from the 12 core OPEC members increased during July, as Iraq was again was the primary overproducer despite pledging...

The OPEC+ JMMC has not recommended any immediate changes to the producer alliance's current production policy...

Russia has extended a ban on gasoline exports set to run through August until the end of October until the end of September, confirming...

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...