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Asia Edition

Benchmark reports published at the close of the trading day in Asia.

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Not off the boil yet

Edition: Asia EditionVolume: 3Issue: 150
The war is far from over, ADNOC is on a ship-buying spree, US imports of Saudi crude hit zero and China's trade performance remains strong.

The war is far from over, ADNOC is on a ship-buying spree, US imports of Saudi crude hit zero and China's trade performance remains strong.

7 August 2026

Ups and downs

Edition: Asia EditionVolume: 3Issue: 149
Saudi OSPs are out, Murban's liquidity is thinning, refiners will keep an eye on platinum prices and de-dollarization is gaining momentum.
6 August 2026

Dealing with himself

Edition: Asia EditionVolume: 3Issue: 148
Trump negotiates with himself, Houthis attack Saudi shipping, the crack collapse has slowed and China has eased fuel export restrictions.
5 August 2026

Dry Dubai

Edition: Asia EditionVolume: 3Issue: 147
Aramaco's Q2 profits soar, BP have their beast earnings for years, Iraqi oil output improved in July and Chinese run rate set to increase.
4 August 2026

Dish of the month TACO…again

Edition: Asia EditionVolume: 3Issue: 146
Trump's TACO causes prices to fall but cracks remain supported, traffic in Hormuz is non-existent and the Kirkuk-Ceyhan pipeline will flow.
3 August 2026

Asia July Monthly Report

Edition: Asia EditionVolume: 3Issue: 145
July was a weird month; initially we clung to a fragile MoU. It ended in hostile exchanges except this time the war zone has spread...
31 July 2026

One step forward, two steps back

Edition: Asia EditionVolume: 3Issue: 144
US and Iran exchange strikes as tankers near CPC are hit again, oil majors are raking in the cash and Warsh's first FOMC didn't go down well
30 July 2026

Surprise!

Edition: Asia EditionVolume: 3Issue: 143
Iran hits the US with 'surprise' attacks, China is negotiating with the Houthis and the MERA consortium looks to build a 200 kb/d refinery.
29 July 2026

Talking down to the price

Edition: Asia EditionVolume: 3Issue: 142
Prices are hemorrhaging, sources tell us the Jizan refinery is out of action for 15 days and Asia has an insatiable appetite for coal.
28 July 2026

Running out of steam

Edition: Asia EditionVolume: 3Issue: 141
The juries out on how long the latest 'ceasefire' will last, traffic in the Bab el-Mandeb has slowed but tankers are still crossing and Chin
27 July 2026

Back down under

Edition: Asia EditionVolume: 3Issue: 140
Brent is back below $100 and Murban mania continues! Trump's offered to pay for tanker damage incurred in the Straits with Iranian funds whi
24 July 2026

Murban Mania

Edition: Asia EditionVolume: 3Issue: 139
Brent is tantalisingly close to $100; Murban has already smoked through the mark! The Houthis have claimed to have hit two Saudi-flagged shi
23 July 2026

Du-buy buy buy!

Edition: Asia EditionVolume: 3Issue: 138
This market is on fire, products in particular are going bananas and so too are the east/west differentials, Japan has a serious currency is
22 July 2026