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Search Result for “crude oil prices”

Showing 1 - 10 of 2,854

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GENERAL

Authorities consider adjusting diesel ceiling price

Business, Yuthana Praiwan, Published on 15/07/2025

» Energy authorities are considering adjusting the ceiling price of diesel at the pump, which has remained unchanged for years despite changes in economic circumstances, says the Oil Fuel Fund Office (Offo).

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GENERAL

Thai inflation falls for third straight month in June

Business, Phusadee Arunmas, Published on 08/07/2025

» Inflation as measured by the consumer price index (CPI) declined for a third consecutive month in June, attributed to lower energy and food prices, though there are no signs of deflation, according to the Commerce Ministry.

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GENERAL

Trump announces set of tariff rates with new deadline, Thailand faces 36% levy

Published on 08/07/2025

» US President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariffs rates on key trading partners, including levies of 25% on goods from Japan and South Korea beginning Aug 1.

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GENERAL

Opec production increase expected to keep oil prices low

Business, Yuthana Praiwan, Published on 08/07/2025

» Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.

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GENERAL

Adding fuel to the fire

Business, Published on 30/06/2025

» The unpredictable Israel-Iran conflict is intensifying the disorder overwhelming the Pheu Thai Party's coalition government.

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GENERAL

Navigating twin crises and tightened monetary policy

Business, Published on 28/06/2025

» Financial markets in Thailand are confronting an unprecedented twin crisis, as political uncertainty from the audio clip scandal converges with escalating Middle East tensions that have rattled global capital markets.

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GENERAL

Trade and Middle East Conflicts Drive Oil Prices 

Published on 25/06/2025

» From 1 April to 18 June 2025, ICE Brent crude oil prices declined by USD 5.68 per barrel compared to the previous quarter, averaging USD 69.28 per barrel. The drop followed an announcement by eight OPEC+ countries—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—to increase crude oil production from April to July 2025. The additional output, which totalled 1.37 million barrels per day, reversed earlier voluntary cuts. Saudi Arabia is now pushing for a full reinstatement of its 2.2 million barrels per day in voluntary cuts by September 2025 to regain global market share. 

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WORLD

Trump baffles with sudden U-turn on China buying Iranian oil

Bloomberg News, Published on 25/06/2025

» WASHINGTON - United States President Donald Trump on Tuesday appeared to undermine years of US sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil as he seeks to bolster a ceasefire with Israel.

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INVESTMENT

Asian stocks climb with focus on Mideast truce

Bloomberg News, Published on 25/06/2025

» TOKYO - Stocks in Asia edged higher as the Israel-Iran truce appeared to hold and Treasury traders ramped up bets for US interest rate cuts.

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GENERAL

Office fears strait's closure could disrupt shipments

Business, Phusadee Arunmas, Published on 25/06/2025

» The possible closure of the Strait of Hormuz could increase transport costs and freight rates for Thailand, while also affecting inflation and exports to the Middle East, says the Trade Policy and Strategy Office (TPSO).