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Search Result for “diesel hoarding”

Showing 1 - 10 of 2,483

THAILAND

Diesel surges past B50/litre

Published on 05/04/2026

» Diesel prices have surged past 50 baht per litre, pushing up costs across the transport, tourism and agriculture sectors and prompting many Thais to either cancel or scale back their Songkran travel plans.

THAILAND

Diesel up another B2.80/litre

Online Reporters, Published on 05/04/2026

» Diesel prices rose another 2.80 baht a litre at 5am on Sunday as the state Oil Fuel Fund cut the diesel price subsidy.

THAILAND

Refinery feels heat in DSI probe

News, Post Reporters, Published on 05/04/2026

» The Department of Special Investigation (DSI) will summon PC Siam Petroleum in Surat Thani and ask them to clarify allegations of oil hoarding by the company, as the case may be treated as a special case.

THAILAND

Public transport operators to protest

News, Published on 05/04/2026

» Public transport operators in major cities are under mounting pressure as surging fuel prices erode incomes and threaten services.

THAILAND

Probe refiners, don’t beg for donations, says Democrats’ Korn

Online Reporters, Published on 04/04/2026

» Democrat Party deputy leader Korn Chatikavanij has urged the government to investigate refinery profits rather than asking operators to donate excess earnings to help ease the economic burden from soaring energy costs.

OPINION

No, this is not a New Normal

Published on 04/04/2026

» “This is the New Normal” is how spokesperson for the Centre for Monitoring the Situation in the Middle East, Nuttaa Mahattana, has characterised Thailand’s current struggle with soaring fuel and commodities prices triggered by the war in the Middle East.

BUSINESS

Huge loan needed to finance fuel subsidies

Business, Yuthana Praiwan, Published on 04/04/2026

» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.

THAILAND

Energy Ministry battens down amid 'worst crisis'

News, Published on 04/04/2026

» The Energy Ministry's permanent secretary, Prasert Sinsukprasert, has described the current energy situation as one of the most severe crises in Thailand's history.

BUSINESS

PTG denies fuel profiteering allegations

Business, Yuthana Praiwan, Published on 04/04/2026

» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.

BUSINESS

Oil refineries in the spotlight

Business, Yuthana Praiwan, Published on 04/04/2026

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.