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Search Result for “oil trading”

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BUSINESS

Indonesia searches for a new top oilman

Asia focus, Ismira Lutfia Tisnadibrata, Published on 20/02/2017

» Indonesia has two weeks left to determine who will be the next leader of the state-controlled energy company Pertamina, after its two top executives were ousted on Feb 3 because of what its major shareholder said was a lack of teamwork.

BUSINESS

Trump comments, 'hard Brexit' talk depress stocks

Business, Published on 23/01/2017

» Recap: Donald Trump's comment that the US dollar was too strong and blunting the country's competitiveness rattled global stock markets last week, as did fears over the impact of a "hard Brexit" as outlined by British PM Theresa May. As well, confusion about Mr Trump's political and economic agenda made investors step back from risky assets ahead of his inauguration on Friday. The Thai stock market tracked the global trend, but the magnitude of its fall was limited.

BUSINESS

How long can Opec talk up oil prices?

Business, Published on 14/10/2016

» Not a day passes lately without Opec making oil and gas headlines. Seemingly in lockstep with Opec, the market is once again pacified on the promise that changes to the global oil supply glut are coming.

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BUSINESS

China and Fed set tone as global shares head south

Business, Published on 16/11/2015

» Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.

BUSINESS

Set recovers from manic monday with help from FED

Business, Published on 22/12/2014

» Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.