Petrol

Vietnam plans to scrap fuel import curbs to keep supply flowing

The country’s crude oil production currently averages about 180,000 barrels per day

China has a vast refining sector, but much of its production is funnelled to serve domestic demand, meaning it is not a critical supplier.

China tells top refiners to halt diesel and petrol exports

Across Asia, the country ranks third for seaborne exports, behind South Korea and Singapore

Prices of petrol have largely climbed as a conflict in the Middle East which has shut a crucial channel for oil supplies escalates with no end in sight.

Pump prices in Singapore rise amid widening Middle East conflict

Global energy prices have surged as the US-Israel war on Iran halted exports from the oil-and-gas rich region

Indonesia’s Chandra Asri on Oct 24 announced its plans to buy ExxonMobil’s Singapore Esso petrol kiosk chain for US$1 billion.
BT EXPLAINS

As EVs dominate, why are Esso petrol stations being acquired and what will the future look like?

The purchase of such stations – a ‘sunset’ industry – comes at a time when electric vehicle-maker BYD is outselling long-time king Toyota

Charging units at a NIO showroom in Beijing, China, Oct 18, 2025. A fifth of the 63.5 million car trips during China's "Golden Week" were in electric or hybrid vehicles, the transport ministry says.

EVs put an end to China’s usual holiday surge in petrol use

[BEIJING] Tianyu Jiang took a 2,000-km road trip this month during China’s national holiday week, driving in his electric vehicle from the southwestern Sichuan basin to Beijing for the first time.

Petrol supplies across Indonesia have been tight and, at times, insufficient to meet local demand as government-imposed guidelines limit fuel imports by private retailers.

Shell petrol stations in Indonesia run dry on supply shortages

The company has about 200 petrol stations across the country

From Sep 30, the price of RON95 petrol will be trimmed by six sen to RM1.99 per litre for Malaysian citizens driving locally registered vehicles; but the subsidy is capped at 300 litres a month.
THINKING ALOUD

Subsidy reform a la Malaysia – one tiny step at a time

Such policy changes – on their own – may not move the needle in a big way, but they represent small nudges towards a sustainable fiscal path

Malaysians driving Singapore- or Thai-registered cars in Malaysia must buy RON97 petrol, which now retails at RM3.21 per litre. The move aims to close a loophole that could have drained billions of ringgit in subsidies across the border.

No cheap pump across the Causeway as Malaysia rolls out Budi95 fuel subsidy

PM Anwar Ibrahim’s earlier pledge of universal access to cheap RON95 has been narrowed; Malaysians driving foreign-registered cars will continue paying more