fuel

New Zealand eyes fuel storage options in Singapore and Malaysia

The government data shows fuel stocks have declined slightly, with less than 50 days of demand cover for petrol and diesel

Despite being a major producer and exporter of energy, Australia sources the vast majority of its refined fuels from overseas.

Australia unveils A$10 billion fuel security plan push after Iran war supply shock

The country holds among the lowest stockpiles in the developed world

Spirit also plans to move ahead with expedited sales of aircraft and equipment, with the flexibility to abandon some property and let the lenders and lessors reclaim it.

Spirit Airlines lawyer says high jet fuel prices left carrier no alternative but to shut down

The low-cost carrier is the airline industry’s first casualty linked to the Iran war that has boosted oil prices

With the Iran war stretching into a third month, vital supplies of crude, fuels, food and fertiliser remain stuck on the wrong side of the Strait of Hormuz.

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

Malaysia’s economy has shown resilience despite global supply chain disruptions, Economy Minister Akmal Nasrullah Mohd Nasir said.

Malaysia works to secure fuel supply beyond June: economy minister

The government still has the flexibility to administer its fuel subsidies while managing the fiscal deficit, he says

Metro Manila is phasing out ageing combustion-engine cabs that rely on curbside pickups and street-hailing.

Philippine taxis hit by fuel price hikes get electric lifeline from VinFast, Grab

Manila’s cab industry is turning a volatile energy crisis into an opportunity for modernisation

Soybean oil, the most popular feedstock used to make renewable diesel, recently hit the highest price since November 2022.

China’s used cooking oil ships to US as war drives biofuel boom

Fuel makers now are scrambling to acquire feedstocks to churn out renewable diesel

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

Governments have already raided their policy toolkits by amping up subsidies to keep a lid on energy prices, restricting fuel use and ordering public officials to work from home.

How Asia-Pacific is fighting a fuel shock that could get worse

The disruption has laid bare how reliant the region is on Middle East energy

China, Asia’s No 4 exporter of so-called clean fuels, has long limited fuel exports with quotas.

China curtailing, not banning fuel exports, shipping data shows

Australia, Malaysia, Vietam and Indonesia receiving Chinese fuel in April