Markets

Asia: Crude & Products Trading

Asia is among the fastest-growing demand centres for crude oil and refined products, drawing supply from the Middle East and beyond. 3FB Energy & Trade trades crude and products into the region on international terms.

Why is Asia important for oil trading?

Asia is the largest and fastest-growing region for crude oil and refined-product demand, importing substantial volumes from the Middle East. Regional crude pricing is often referenced to the Dubai/Oman benchmark, and cargoes are commonly traded on FOB and CIF terms. Final contractual terms are agreed per cargo.

A growing demand centre

Refiners and buyers across South and East Asia import crude oil and refined products in large volumes. Demand growth in the region is a structural feature of global oil markets.

Regional pricing

Crude destined for Asia is frequently priced against the Dubai/Oman benchmark, while products are referenced to regional assessments. See how crude oil pricing works and FOB vs CIF.

Frequently asked questions

What benchmark is used for crude into Asia?
Crude for Asia is frequently priced against the Dubai/Oman benchmark; exact pricing is agreed per contract.
What does 3FB trade into Asia?
Crude oil grades and refined products, on FOB and CIF terms.

Discuss an Asian requirement

Tell us your grade or product, volume and terms for an indication.

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