Showing 1 - 8 of 8
Sluggish China to keep oil prices low
Business, Yuthana Praiwan, Published on 01/10/2024
» Global oil prices are unlikely to increase in this year's fourth quarter, due in part to the impact of China's sluggish economy on its oil imports, says an analyst at national oil and gas conglomerate PTT Plc.
PTT boss: Russia and Saudi Arabia will end oil feud
Business, Yuthana Praiwan, Published on 13/06/2020
» The newly appointed chief executive of national oil and gas firm PTT, Auttapol Rerkpiboon, says the oil price war between Russia and Saudi Arabia that flared in April will not resume after the feud briefly caused prices to fall below zero.
Crude prices poised to bottom out
Business, Yuthana Praiwan, Published on 02/05/2020
» Global crude oil prices may have bottomed out as cities across the globe have begun to ease lockdown restrictions and more drivers hit the road.
US oil price faces 2nd decrease below zero
Business, Yuthana Praiwan, Published on 29/04/2020
» The US benchmark oil price could fall below zero for a second time this year, signalling that global oil stocks are nearing full capacity, says one expert.
No negative oil prices in Thailand
Business, Yuthana Praiwan, Published on 22/04/2020
» Oil prices in Thailand are unlikely to fall below zero in line with what happened in the US on Monday for the first time in history, as other index prices around the world remain intact.
Local oil traders prepare for rough market
Business, Yuthana Praiwan, Published on 20/03/2020
» Major local oil traders are bracing for a year of low prices and low demand as the coronavirus pandemic closes airports and shuts down borders, while a feud between Saudi Arabia and Russia is causing prices to plummet globally.
Offo tries to calm sellers as oil prices sink
Business, Yuthana Praiwan, Published on 12/03/2020
» The Oil Fuel Fund Office (Offo) says low global oil prices will be a temporary condition, as officials seek to assuage domestic energy firms already reeling from a sharp drop in demand as a result of the coronavirus crisis.
PTT urges oil reserve cut as prices collapse
Business, Yuthana Praiwan, Published on 10/03/2020
» In response to plunging oil prices, state-owned energy firm PTT Plc is urging policymakers to take action to cut the nation's crude oil reserve in half as prices dip below US$30 a barrel.