fuel
Sinopec to prioritise China’s fuel supply as pressures mount
Beijing has built up an estimated 1.4 billion barrels in stockpiles that could be tapped if disruptions persist
Sinopec posts 36.8% drop in 2025 net profit on weak petrochemical margins, new energy substitution
Refinery throughput is down 0.8% at 250.33 million tonnes, equivalent to five million barrels per day
Asia’s Russian fuel imports poised to hit all-time high due to Middle East disruption
South-east Asia is expected to be the top recipient
US waives shipping regulation for 60 days to ease fuel and fertiliser deliveries
Petrol prices have surged and fertiliser supplies have been disrupted since the start of the conflict
Petrol price hike from Iran war could push consumers toward EVs, hybrids
But sharp increases at the pump are unlikely to significantly alter car-buying trends right away, analysts say
Across land, sea and air, fuel price hikes drive up costs for passengers and operators in Singapore
Some private-hire car drivers have found ways to circumvent the high fuel costs
Iran war upheaval jolts shipping fuel suppliers in Singapore
Some distributors are prioritising preferred customers, and either trimming or canceling other sales
Fuel shortages disrupt Thailand’s sacred Buddhist funeral rites
Thai authorities insist the country has enough supplies to cover about three months of demand
Vietnam braces for flight cuts from April after China, Thailand ban jet fuel exports
Hanoi has also seen reduced supplies from Singapore, the document shows
Costs running up for Singapore businesses as Gulf conflict jacks up energy prices
Already hit by rising fuel costs, anticipated electricity price hikes could worsen the blow