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Search Result for “oil”

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LEARNING

Fuel shortages continue despite adequate reserves

Gary Boyle, Published on 20/03/2026

» Fuel remains scarce at many service stations across Thailand, even though reserves are more than adequate, amid continuing problems with delivery and unusually high demand, officials said on Thursday.

BUSINESS

Ethanol output cranked up to meet E20 demand

Business, Yuthana Praiwan, Published on 20/03/2026

» Ethanol manufacturers are increasing production to serve growing demand for gasohol E20, aligning with the government's efforts to reduce Thailand's reliance on oil imports.

BUSINESS

BMW faces flat sales amid rising oil prices

Lamonphet Apisitniran, Published on 20/03/2026

» Rising crude oil price volatility, fuelled by escalating tensions between the US and Iran, is threatening to stall Thailand's automotive recovery, with luxury car sales projected to remain flat this year, according to BMW Group Thailand.

THAILAND

More provinces grapple with fuel shortages

News, Post Reporters, Published on 20/03/2026

» Fuel shortages have been reported in several provinces, with long queues forming at petrol stations overnight and "out of fuel" signs becoming a common sight as supply remains tight.

BUSINESS

Baht may fall to 35 per dollar if war persists

Business, Published on 20/03/2026

» The baht is expected to weaken to 34-35 to the US dollar if the Middle East conflict drags on for two months, pushing oil prices above US$100 per barrel, according to Kasikorn Research Center (K-Research).

THAILAND

PM downplays fuel hoarding concern amid shortages

News, Mongkol Bangprapa, Published on 20/03/2026

» Prime Minister Anutin Charnvirakul has dismissed concerns about fuel hoarding, saying the shortages observed are due to rising consumption driven by public anxiety rather than illicit stockpiling.

BUSINESS

Consumer goods prices to rise soon as production costs soar

Business, Published on 20/03/2026

» Major consumer product manufacturers and distributors are warning customers of possible price increases in April due to the Middle East war disrupting the oil supply chain.

BUSINESS

Penalties vowed for gas gouging

Business, Yuthana Praiwan, Published on 20/03/2026

» Caretaker energy minister Auttapol Rerkpiboon has vowed to take action against petrol station operators who charge prices that exceed government-regulated, subsidised levels, while pledging to intensify efforts to ensure smooth oil distribution nationwide.

OPINION

Impacts of Iran war on Southeast Asia

Oped, Thitinan Pongsudhirak, Published on 20/03/2026

» For the most part, Southeast Asia as a region has taken a neutral stance toward the joint attack between the United States and Israel against the Islamic Republic of Iran. Even the Philippines and Thailand, two formal US treaty allies, have distanced themselves, calling for restraint and de-escalation.

OPINION

Crisis inaction

Oped, Postbag, Published on 20/03/2026

» Re: "Rising costs, empty tanks", (Editorial, March 18).