With the complexity of global crude oil trade relations and the rising demand for crude oil in Asia, the "Asian premium" phenomenon in the global energy market has become a topic that needs attention. Based on the perspective of the complexity of the global oil trade net†work, this paper selected the 1993-2018 international crude oil trade data to conduct sample data surveys. By constructing a complex network model and potential competition index, this paper analyzed the Asian premium phenomenon in the global crude oil trade network and the potential competitiveness of China, Japan, India and South Korea. The research results show that the glob†al crude oil trading groups are divided and blended, and China, Japan, India and South Korea are showing a trend of trade grouping. From the perspective of global crude oil trade network indicators, the status and influence of China, Japan, India and South Korea in the global crude oil trade network continue to increase, which has strongly promoted the shift of the global crude oil consumption center to the Asia-Pacific region. The potential competition index shows that the potential crude oil competition relationship between China, India, Japan, and South Korea presents different characteristics. China and Japan show the characteristics of "first strong and then weak", both between China and India and between China and South Korea are characterized by an overall continuous increase With the complexity of global crude oil trade relations and the rising demand for crude oil in Asia, the "Asian premium" phenomenon in the global energy market has become a topic that needs attention. Based on the perspective of the complexity of the global oil trade net‐ work, this paper selected the 1993-2018 international crude oil trade data to conduct sample data surveys. By constructing a complex network model and potential competition index, this paper analyzed the Asian premium phenomenon in the global crude oil trade network and the potential competitiveness of China, Japan, India and South Korea. The research results show that the glob‐ al crude oil trading groups are divided and blended, and China, Japan, India and South Korea are showing a trend of trade grouping. From the perspective of global crude oil trade network indicators, the status and influence of China, Japan, India and South Korea in the global crude oil trade network continue to increase, which has strongly promoted the shift of the global crude oil consumption center to the Asia-Pacific region. The potential competition index shows that the potential crude oil competition relationship between China, India, Japan, and South Korea presents different characteristics. China and Japan show the characteristics of "first strong and then weak", both between China and India and between China and South Korea are characterized by an overall continuous increase [ABSTRACT FROM AUTHOR]