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Search Result for “economic sanctions”

Showing 1 - 10 of 10

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GENERAL

Various factors hurt Tasco's Q1 earnings

Business, Yuthana Praiwan, Published on 22/05/2024

» The delay in state budget spending and low asphalt prices in the global market reduced first-quarter earnings and profit of SET-listed Tipco Asphalt Plc (Tasco), but the company remains upbeat about a return to normal growth levels this year.

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GENERAL

Tasco looking to Venezuelan crude oil

Business, Yuthana Praiwan, Published on 21/11/2023

» SET-listed Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, expects to resume buying inexpensive heavy crude oil from Venezuela to deal with the company's raw material constraints, following the easing of trade sanctions imposed by the US on the Latin American country.

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BUSINESS

Fighting Thailand's energy price wars

Business, Yuthana Praiwan, Published on 01/08/2022

» State energy subsidies have assumed a prominent role in the Thai economy since the start of the Russia-Ukraine war in February.

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BUSINESS

Oil Fund scraps 1-baht discount

Business, Yuthana Praiwan, Published on 11/01/2020

» The Energy Ministry yesterday announced the end of the one-baht discount on eight types of motor fuel, saying US-Iran military tensions were likely to ease and pose little threat to the stability of oil prices.

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THAILAND

Diesel cap to rise if $90 mark breached

Business, Yuthana Praiwan, Published on 04/10/2018

» Energy policymakers will raise the 30-baht-per-litre cap on diesel if oil prices exceed US$90 per barrel, the energy minister says.

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BUSINESS

Iran sanction fears drive up global oil prices

Business, Yuthana Praiwan, Published on 08/05/2018

» Global oil prices have hit a new high exceeding US$70 per barrel after a sharp drop in early 2014, as more investors are concerned with whether the US will resume sanctions on Iran.

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BUSINESS

World Bank revises up oil price forecast

Business, Yuthana Praiwan, Published on 27/07/2016

» The World Bank is raising its 2016 forecast for crude oil prices to US$43 per barrel from $41 due to supply outages and robust demand in the second quarter.

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BUSINESS

Analysts see prolonged crude slump

Business, Yuthana Praiwan, Published on 02/09/2015

» Energy experts say an optimal oil price should be between US$80 and $90 a barrel but the market will have to wait some time for prices to rebound.

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BUSINESS

Eppo to rejig retail oil margin

Business, Yuthana Praiwan, Published on 29/07/2015

» The Energy Policy and Planning Office (Eppo) plans to restructure the country's marketing margin for the retail oil business, finalising the scheme by the second half of this year.

BUSINESS

Less oil volatility predicted

Business, Yuthana Praiwan, Published on 03/02/2012

» Global oil prices should stabilise this year as continued economic weakness in Europe, the US and Japan cools demand, local experts told a seminar yesterday.