Showing 1 - 6 of 6
Petroleum and Energy Institute of Thailand denies oil refineries profiting from war
Business, Yuthana Praiwan, Published on 27/03/2026
» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.
Thai oil retailers baulk at order to triple reserves
Yuthana Praiwan, Published on 06/03/2026
» Thailand’s major oil retailers disagree with a government order for them to triple their reserves to ensure a sufficient supply for motorists during the war in the Middle East.
Local fuel prices capped for 15 days
Yuthana Praiwan, Published on 04/03/2026
» Prime Minister Anutin Charnvirakul said on Wednesday that people do not need to stockpile fuel as prices would be capped for the next 15 days.
Oil prices fluctuate as Mideast tensions persist
Yuthana Praiwan, Published on 24/06/2025
» Global oil prices remain volatile amid rapid changes in the Israel-Iran war, with the crude price surge losing momentum after US President Donald Trump announced a ceasefire between the two countries.
Minister vows to keep lid on fuel and power prices
Yuthana Praiwan, Published on 17/10/2024
» Energy Minister Pirapan Salirathavibhaga insists that the government will continue to cap domestic energy prices, notably diesel and electricity, to help consumers and businesses deal with the economic slowdown.
PTTEP looks to Mideast, Malaysia
Business, Yuthana Praiwan, Published on 03/11/2023
» SET-listed PTT Exploration and Production (PTTEP) plans to increase its petroleum production capacity in the Middle East and Malaysia to brace for the depletion of domestic gas and oil supply within a decade.