Asian refineries seek expansion of oil map as it's difficult to turn the tide. Senior consultant: Crude oil is approaching the "critical point" of oversupply.

According to the Securities Times Financial APP, Asian oil refiners are now turning their search for oil to more distant regions, surpassing their previous reliance on Middle Eastern suppliers. However, with the current oil market expected to face oversupply, this more diversified strategy has not successfully boosted the market.