Tag Archive for: oilimports

Asian allies are looking to the U.S. for secure oil and gas supplies during the Iran war, Interior Secretary Doug Burgum said.

Asia seeks more U.S. oil as supply priorities shift

Asian buyers are showing stronger interest in U.S. crude as governments and energy companies look to broaden supply options beyond the Middle East. According to CNBC, U.S. Interior Secretary Doug Burgum said countries in the region are seeking more dependable long-term energy arrangements as recent disruptions underscore the value of diversified sourcing. Burgum’s comments followed energy discussions in Tokyo, where Asia-Pacific partners also announced major agreements with U.S. companies tied to broader energy and infrastructure cooperation.

The shift reflects how important Middle Eastern barrels remain for Asia, even as importers look for added flexibility. Reuters recently reported that Asia imported about 14.74 million barrels per day of Middle Eastern crude in 2025, or nearly 60% of the region’s total crude purchases, with Japan and South Korea especially reliant on those supplies. That backdrop helps explain why additional U.S. barrels are drawing attention: they can offer another source of supply support when shipping routes or regional production face pressure. For investors, the development points to continued demand for export capacity, trade relationships, and upstream output that can serve international markets. Related Ranger coverage on market conditions includes oil prices and supply trends and Strait of Hormuz shipping costs.

Source: CNBC
Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
China’s strong oil buying supports global prices, stabilizes markets, and strengthens energy security amid U.S. and OPEC+ changes.

China is soaking up oil imports, and the US and Russia are reasons why

There is a mystery at the heart of the global oil market and oil imports. China has soaked up a torrent of oil imports this year, filling tanks and underground caverns. Without this, prices would be much lower. But why is Beijing snapping up oil it doesn’t obviously need? How much is it going to keep buying? And for how long?

The first part of the puzzle is exactly how much crude the Middle Kingdom has absorbed. It does not release figures for storage capacity or volumes, so they have to be estimated. Its aboveground tanks can be assessed by satellite, but a growing portion of its capacity is now below-ground. The amount going into storage can be approximated by looking at the difference between the sum of imports and domestic production on the one hand, and the amount refined on the other.

Click here to read the full article
Source: The National

—

Do you have any questions or thoughts about the topic related to oil imports? Feel free to contact us here or leave a comment below.