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Search Result for “opec”

Showing 1 - 10 of 1,099

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GENERAL

Wars and Geopolitical Tensions Drive Global Oil Prices Higher 

Published on 19/09/2025

» Global crude oil prices have edged higher in recent months as prolonged wars and geopolitical tensions continue to disrupt energy supplies. Between July 1 and September 15, 2025, ICE Brent crude rose by US$1.51 per barrel from the previous quarter, averaging US$68.16 per barrel. The increase was driven mainly by the escalating war between Russia and Ukraine. Although US President Donald Trump and Russian President Vladimir Putin met in Alaska on August 15 to discuss a peace deal and ceasefire, the summit ended without agreement, and both sides continued retaliatory strikes. 

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GENERAL

World must spend $540 billion a year looking for oil, gas

Bloomberg News, Published on 16/09/2025

» TORONTO — The world needs to spend some US$540 billion a year looking for oil and gas to maintain current output by 2050, according to the International Energy Agency (IEA). 

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GENERAL

THAI rebounds, but still faces challenges

Business, Nareerat Wiriyapong, Published on 08/09/2025

» With its share price soaring more than 400% within 15 days of Thai Airways International (THAI) resuming trade on the Stock Exchange of Thailand (SET) on Aug 4, the flag carrier has undoubtedly caught the attention of many investors.

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GENERAL

Key Opec+ members boost oil production

AFP, Published on 07/09/2025

» LONDON — Eight key members of the Organisation of the Petroleum Exporting Countries Plus (Opec+) alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid to gain a bigger market share of crude sales.

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OPINION

Banks profit most

Oped, Postbag, Published on 15/08/2025

» Re: "BoT touts further monetary easing", (Business, Aug 14).

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THAILAND

Probe sought into pupil attack on teacher

News, Post Reporters, Published on 13/08/2025

» Education Minister Narumon Pinyosinwat has instructed the Office of the Private Education Commission (Opec) to investigate an incident at a private school in Uthai Thani in which a Matthayom 5 student assaulted a female teacher after being upset with his exam scores.

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THAILAND

IRPC Strengthens Domestic Focus Amid Global Headwinds

Published on 07/08/2025

» Bangkok, August 8, 2025 — IRPC Public Company Limited, led by President and CEO Terdkiat Prommool, has reaffirmed its commitment to operational excellence and product innovation amid persistent global economic uncertainty—driven by escalating US trade protectionist measures and rising tensions along the Thai–Cambodian border.

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GENERAL

Shares rise as investors shrug off Trump threats

Business, Published on 12/07/2025

» RECAP: Asian stock markets forged ahead on Friday, as investors saw US President Donald Trump's latest tariff threats as more of a strategic move to extract concessions in trade talks now in focus before an Aug 1 deadline.

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GENERAL

Opec production increase expected to keep oil prices low

Business, Yuthana Praiwan, Published on 08/07/2025

» Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.

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GENERAL

Opec+ steps up oil output increases

Published on 05/07/2025

» LONDON - Opec+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output increases at its first meeting since oil prices jumped — and then retreated — following Israeli and US attacks on Iran.