Tuesday, 9 September 2025

Raffles Hotel, Singapore

Argus Asia-Pacific Oil Markets Forum: Asia in the Driving Seat

About the forum

 

Where: Raffles Hotel Singapore (Level 3 - Jubilee Ballroom)

 

When: Tuesday, 9 September 2025, 8.00 am to 12.00 pm Singapore Time

 

Oil markets have been buffeted by the turmoil of reconfigured trade relations in 2025. But what does the future hold in the key demand centres?

 

Asia will continue to exert the strongest pull on internationally traded oil, but what will be the region’s new source of supply as OPEC+ comes up against seemingly robust non-OPEC supply growth? As the baton of demand growth passes from China to India and southeast Asia, what are the implications for crude and refined products trade?  

 

Tariffs, sanctions and re-routed trade will remain part of the market landscape, so join us to learn how dirty and clean freight markets are adapting. And how will the refining sector adapt to shifting crude slates and demand trends amid competition from rising NGLs and biofuels supplies?

 

Gain insights on this and more, plus the very latest on innovations in price indexation from Argus.

Agenda >>

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Agenda: Tuesday, 9 September

08.00 - 10.00

Networking Breakfast 

10.00 - 12.00

Asia-Pacific Oil Markets Forum: Asia in the Driving Seat

 

Chair’s opening remarks

 

Oil fundamentals and flows in a fragmenting trade world

  • Macro overview — regional winners & losers from Trump’s tariff shock
  •  Asia’s Petroleum Future: The Last Big Short, China’s Waning Demand, and Why India Can’t Go It Alone
  • Crude vs. products self-sufficiency: Southeast Asia to become more refined products import-dependent
  • A 40-year-old question: build refineries locally or import?

Global crude market: flows to Asia 

  • Crude market snapshot: Opec v.s. non-Opec and freight impact
  • WTI’s footprint in Asia
  • The impact of Canada’s TMX crude 

Asia’s rising appetite for long-haul crude: Middle East still anchors supply

  • China and India: Redefining Asia’s crude demand and the impact of Russian oil
  • Southeast Asia from Producers to Purchasers: Navigating southeast Asia’s Shifting Crude Balance
  • Mideast Gulf Crude: Resilience amid Red Sea disruptions

 Asia and Middle East oil products outlook

  • China’s demand shifts and export rebalancing
  • Margin pressures on southeast Asia’s refiners and traders
  • Middle East gasoline flows and Fujairah’s blending influence

MEBOB: gasoline dynamics in the Mideast Gulf  

  • Trade flow dynamics of Mideast Gulf, India and East Africa gasoline market 
  • Need for a reflective price benchmark — decoupling from freight netback

Navigating oil markets with precision and trust 

  •  Argus global crude benchmarks and relevance for Asia
  • Refined products: proposed Argus solutions for Middle East gasoline and NEA naphtha

Notes:

 

Argus Media takes compliance with antitrust and competition law seriously. Argus reminds all participants of the need to be mindful of the requirement to comply with antitrust and competition laws.


The forum will be conducted in accordance with Chatham House Rules. Please visit Chatham House website for details: https://www.chathamhouse.org/about-us/chatham-house-rule

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Argus Asia-Pacific Oil Markets Forum is a signature Argus forum where we bring together Argus experts in oil markets to share the biggest trends ahead.