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Search Result for “israel attacks”

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BUSINESS

Epac cuts ex-refinery prices by 2 baht per litres

Yuthana Praiwan, Published on 07/04/2026

» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.

BUSINESS

Call for jet fuel tax break as costs soar

Business, Yuthana Praiwan, Published on 07/04/2026

» Bangkok Aviation Fuel Services Plc (BAFS), Thailand's sole jet refuelling provider, has called on the government to exempt jet fuel from the excise tax of 4.72 baht per litre, warning the levy undermines the country's aviation competitiveness.

BUSINESS

Oil refineries in the spotlight

Business, Yuthana Praiwan, Published on 04/04/2026

» A proposal for the government to intervene in oil refinery costs and profits was not included as one of the seven measures recently unveiled to ease the consumer impact of surging global crude oil prices.

BUSINESS

Depleted Oil Fuel Fund to apply for loan

Business, Yuthana Praiwan, Published on 01/04/2026

» Authorities are preparing to seek a loan from commercial banks to stabilise Thailand's fast-depleting Oil Fuel Fund, following the announcement of the new cabinet under Prime Minister Anutin Charnvirakul.

BUSINESS

OR expands EV services amid oil price volatility

Business, Yuthana Praiwan, Published on 01/04/2026

» PTT Oil and Retail Business Plc (OR) is channeling funds into electric vehicle (EV) services to expand its electric mobility business amid rising concerns among motorists over volatile global oil prices.

BUSINESS

Calls grow to control oil refinery pricing

Business, Yuthana Praiwan, Published on 31/03/2026

» Democrat list-MP Korn Chatikavanij has called on the government to step in and regulate the gross refinery margin (GRM) set by oil refinery operators, arguing that intervention is necessary to ease financial pressure on households and businesses as global crude oil prices soar.

BUSINESS

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.

BUSINESS

Thai oil crisis eases after state takes action

Business, Yuthana Praiwan, Published on 24/03/2026

» The Department of Energy Business (DOEB) says Thailand's fuel shortage crisis is beginning to ease following a series of government interventions aimed at stabilising supply and distribution.

BUSINESS

PTG confirms plans to raise refined oil reserves

Business, Yuthana Praiwan, Published on 13/03/2026

» PTG Energy Plc, the operator of PT petrol stations, has announced plans to expand its refined oil reserves in line with a government directive aimed at safeguarding national energy security during the ongoing US-Iran conflict.

BUSINESS

Authorities tout biofuel as global oil prices soar

Yuthana Praiwan, Published on 05/03/2026

» Energy authorities are stepping up efforts to expand biofuel usage to reduce reliance on oil imports and safeguard against potential fuel shortages.