Asia Oil Policy News

The weekend's OPEC+ meeting presents downside risk to Goldman Sachs' Brent outlook price of $75-$90/b after the producer group...

China will cut its carbon emissions by the equivalent of 1% of its total 2023 emissions this year by controlling its coal...

The International Monetary Fund (IMF) has raised its outlook for China's economic growth this year and 2025...

Iran's nuclear capabilities have come under close scrutiny once again following a confidential report from the UN's nuclear watchdog...

OPEC+ will hold its early-June ministerial meeting online rather than in person, while the date has also been pushed back...

Russia's April crude oil output exceeded its OPEC+ quota allocation, with the energy ministry citing "technical" reasons for missing its target...

The latest attack on an oil tanker off the coast of Yemen sparked renewed shipping tensions in the region after what has been a relatively quiet...

Iraq's Southern Refineries Company has inked an MOU with China National Chemical...

Indonesia will look to replace all of its fossil diesel imports with locally produced biodiesel, cutting $20 billion off the country's fuel bill, as...

OPEC and its allies reduced output by over 200,000 bpd largely on Russian cuts, but worryingly for the alliance Iraq continues...

Iraq is onboard with extending OPEC+ production cuts beyond the current quarter, clarifying reports from the weekend suggesting that Baghdad...

A lobby group representing major oil companies has called for increased carbon taxes and the adoption of emissions trading systems...

Scrubber installations in oceangoing vessels can expect to breakeven in about five years, although the use of open loop systems is...

Beijing has issued its second batch of export quota for refined oil products this year at 14 million mt, according to...

Threats from Houthi militants to target commercial vessels in the eastern Mediterranean has put the shipping industry on high alert...

The rally in high sulfur fuel oil margins showed no sign of slowing down this week as bullishness for the sector was given a further boost by a...

The development of a global parallel trade in crude oil and refined products means G7-led sanctions on Russia's exports are not working...

Washington is set to fast-track a fresh round of sanctions aimed at Iran's oil industry, but the effectiveness of the new measures appears uncertain...

OPEC has reiterated its position that the timetable for the switch to cleaner fuels needs a radical rethink, contending the current net-zero...

The world is on track to phase out the internal combustion engine, the IEA said Tuesday despite warnings