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AsianOil’s coverage ranges from established oil and gas producers such as Australia, Indonesia, Malaysia, Thailand and Vietnam to the region’s major refining hubs of India, Singapore, South Korea and Japan and countries in between.
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Read a recent issue cover to cover (click the image below)
Malaysia pledges to maintain fuel price at $0.50 despite raising global prices
Malaysia will strive to keep the price of RON95 petrol at MYR1.99 per litre, equivalent to about $0.50, despite rising global crude prices triggered by escalating tensions in the Middle East, Prime Minister Anwar Ibrahim said on March 9
Energy strikes raise the prospect of higher fuel costs in Singapore
A fresh escalation in the Middle East conflict that is now targeting key oil and gas infrastructure is likely to push petrol prices higher in Singapore after fuel costs already increased last week
COMMENT: Oil at or above $100 per barrel threatens Indonesia’s Eid spending
Indonesia is heading towards the end of Ramadan, and Eid this year, under a massive cloud of economic stress.
Sri Lanka raises fuel prices as global oil prices surge
Sri Lanka has increased retail prices of petrol and diesel with effect from midnight on March 10, the Ceylon Petroleum Corporation announced, as global crude prices surged following US-Israeli attacks on Iran.
India asks refineries to boost LPG output amid Middle East tensions
India’s Ministry of Petroleum and Natural Gas has directed oil refineries to increase liquefied petroleum gas (LPG) production amid concerns over supply disruptions linked to the ongoing conflict in the Middle East.
G7 weighs coordinated oil reserve release on back of price surge
Finance ministers from the Group of Seven nations have discussed a possible coordinated release of oil reserves. The discussion was held as part of an online meeting on March 9 and also involved the International Energy Agency.
Indian equities tumble after inflation fears
Diesel shortage hits garment output in Bangladesh
Garment factories in Gazipur, a key industrial hub in Bangladesh, are struggling to maintain full production as a diesel shortage disrupts generator operations.
Vietnam considers fuel duty cuts amid Middle East conflict
Vietnam is weighing the temporary removal of fuel import duties as the Middle East conflict disrupts global supplies and pushes oil prices to their highest levels in years.
Thailand seeks cheaper fuel for remote petrol stations
Thailand’s Energy Ministry plans to streamline the fuel supply chain by allowing remote petrol stations to buy diesel directly from major suppliers, aiming to reduce high regional prices.
Vietnam plans letting fuel companies adjust retail prices
Vietnam’s government is considering allowing fuel companies to set their own retail prices, under a proposal aimed at giving businesses greater flexibility while maintaining oversight of the market.
Oil surges past $100, Thailand prepares response measures
Thailand will hold an urgent energy meeting after global oil prices surged past $100 a barrel, raising concerns over rising living costs and business expenses.
Myanmar residents struggle as fuel supplies run low
Fuel shortages are spreading across southern Myanmar despite the military government’s claim that the country has enough supplies to last around 40 days.
Fuel price hike sparks economic concerns in Cambodia
A sudden increase in fuel prices has triggered panic buying and driven up transport and service costs in Cambodia, raising concerns about a wider economic impact.
Oil price spike at over $100 per barrel as market faces possibly worst crisis in history
Brent was trading at over $108 per barrel as of 06:30 GMT today, up from the early $70s prior to the US and Israel launch of strikes against Iran on February 28.
Philippine palace seeks emergency powers to cut fuel tax
The Philippine presidency is preparing to submit a formal appeal to the legislature to provide President Marcos with extraordinary authority to slash fuel duties.
Indonesia warns of possible subsidised fuel price rise
Indonesia may be forced to raise subsidised fuel prices should the global oil prices keep rising and exceed the state budget’s capacity to absorb the additional costs, according to Finance Minister Purbaya Yudhi Sadewa
Indonesia opens 10 new oil and gas blocks to global investors
The Ministry of Energy and Mineral Resources (ESDM) of Indonesia has formally launched 10 new high-potential oil and gas blocks, making them available to international investors as part of a broader effort to revitalise Indonesia’s upstream energy
Japan weighs release of national oil reserves
The Japanese government is understood to be considering tapping its national oil reserves to prepare for potential prolonged supply disruptions as the US-Israeli conflict with Iran drags on.
Asia’s energy reserves under pressure as ‘2026 energy shock’ takes hold
The closure of the Strait of Hormuz has thrown a harsh spotlight on a simple but decisive question for Asian governments: how long their energy reserves can last as part of the 2026 energy shock
South Korea prepares strategic oil release as tensions rise
South Korea is formalising emergency measures to release crude and petroleum products from its strategic reserves as escalating Middle East tensions threaten global energy flows.
India raises LPG cylinder prices
India has raised the prices of domestic and commercial liquefied petroleum gas (LPG) cylinders from March 7.
Pakistan fuel price hike raises inflation and growth concerns
Pakistan’s economy is expected to face renewed pressure following a sharp increase in fuel prices of more than 20%.
Cambodia confirms stable fuel supply despite price rise
Cambodia continues to maintain a stable fuel supply despite recent increases in global oil prices and concerns about possible shortages, according to Minister of Mines and Energy Keo Rottanak.
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