diesel

China allows state refiners to export some fuels to Asian buyers

The shipments, which would likely head to Vietnam, Laos and other nations, have already been loaded

Asia typically sources most of its diesel from plants within the region, which in turn rely on flows of crude from the Middle East for a substantial share of their input.

Iran war splits Asia’s diesel market into haves and have-nots

Countries in South-east Asia have limited oil stocks, leaving them more vulnerable to supply disruptions

Petrol and diesel inventories at state-owned refineries are at the highest level since 2025 and 2024, respectively, according to Mysteel OilChem data.

China’s state refiners seek to resume fuel exports after halt

The government has yet to announce any change to permits following the request

The price drop will save a private-car owner about US$3.23 when filling a 50-litre tank of 92-octane petrol.

China cuts petrol, diesel price caps for first time since start of Iran war

The reduction comes as global oil prices retreat from their peaks during the conflict

Malaysia’s government is under pressure to contain rising living costs and manage a swelling subsidy bill due to higher oil prices.

Malaysia has fiscal room to support industries amid Iran war

The nation’s monthly subsidies for both petrol and diesel have climbed to RM6 billion, from RM700 million before the conflict

The Philippines’ measured response shows how governments are balancing relief for sectors hit by higher commodity prices due to the Iran war.

Philippine economic managers oppose tax halt on diesel, petrol

Oil prices have whipsawed on daily developments in the war

Malaysia has been cracking down on fuel smuggling amid mounting shortages and supply disruptions throughout the region caused by the war in the Middle East.

Malaysia detains two tankers suspected of illegally transferring diesel

The waters off the country are known to be a regular site for illegal ship-to-ship transfer

Empty oil pumps at a Shell petrol station that ran out of fuel in Sydney on Mar 30. Australia has its highest fuel stocks in 15 years, but they are still far below International Energy Agency recommendations of 90 days.

Australia to halve tax on fuel, underwrite spot cargoes

The measures are expected to cost the government A$2.55 billion

Malaysia’s monthly subsidy bill for petrol and diesel has jumped to RM3.2 billion from RM700 million previously.

Malaysia plans to cut subsidised fuel quota, The Edge says

The country has enough petroleum products to last through at least May