Showing 1 - 4 of 4
Rising costs hitting Asia-Pacific business travel
Business, Molpasorn Shoowong, Published on 26/06/2024
» Rising travel costs as well as economic and geopolitical concerns have been affecting business travel from Asia-Pacific, while companies are investing more in digitalisation to help manage their travel budget, according to Visa.
Oil prices remain under pressure after the OPEC policy change to increase oil production
Published on 18/06/2024
» ICE Brent crude oil prices have been hovering around $80 to $90 per barrel since early February, supported by OPEC+ crude oil production cuts and conflicts in the Middle East. However, at the beginning of June, prices fell back below $80 per barrel after an OPEC+ policy change. On June 2nd, the OPEC+ group decided to increase oil production by a total of 2.2 million barrels per day (0.18 million barrels per day per month from October to December 2024 and 0.213 million barrels per day per month from January – September 2025) which is the main supply pressure on prices. PTT Trading’s international market analysis team predicts that ICE Brent crude prices will range between $75 and $85 per barrel in Q3 2024.
Thai Oil expects crude price to stabilise
Business, Yuthana Praiwan, Published on 11/06/2024
» Global crude oil prices in the second half of 2024 should be roughly similar to last year as oil supply will increase and geopolitical conflicts in the Middle East are expected to remain simmering, says Thai Oil Plc, the country's largest oil refinery by capacity.
Who's keeping tabs on Obor mission?
News, Anchalee Kongrut, Published on 15/05/2017
» Mark my words. The acronym "OBOR" will become a new global buzz word before long. No, it has nothing to do with a new model of mobile phone.