Showing 1 - 7 of 7
OPEC+ Delays Production Increase Following a Drop in Oil Prices.
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
Who is Pavel Durov, CEO of messaging app Telegram?
Published on 25/08/2024
» Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unnamed sources.
AirAsia raises $443m to refurbish grounded planes
Bloomberg News, Published on 22/08/2024
» KUALA LUMPUR - Malaysian low-cost airline AirAsia, owned by Capital A, has raised US$443 million in a dual-tranche financing to refurbish planes that were grounded during the coronavirus disease 2019 (Covid-19) pandemic, Bloomberg News reported on Thursday.
Bank of Thailand holds key rate at 2.50%
Published on 21/08/2024
» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.
Inflation up in July, above forecast
Reuters, Published on 07/08/2024
» Thailand's headline consumer price index (CPI) rose 0.83% in July from a year earlier, after the previous month's annual increase of 0.62%, the Commerce Ministry said on Wednesday.
March exports fell 10.9% y/y, below forecast
Published on 29/04/2024
» Customs-based exports fell 10.9% in March from a year earlier, the Commerce Ministry said on Monday, weaker than analysts' expectations.
Bank of Thailand to adjust rates amid changes: deputy chief
Reuters, Published on 23/04/2024
» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.