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BUSINESS

Oil markets shrug off US military intervention in Caracas

Business, Yuthana Praiwan, Published on 06/01/2026

» Global crude oil markets revealed little reaction in the immediate aftermath of the US military operation in Venezuela to detain President Nicolás Maduro on Jan 3, says the Thai Energy Ministry.

BUSINESS

Declining prices set to ease Oil Fuel Fund Office's burden

Business, Yuthana Praiwan, Published on 06/11/2025

» Global crude oil and gas prices are expected to keep falling next year, easing the financial burden of the debt-ridden Oil Fuel Fund, says the Oil Fuel Fund Office (Offo).

BUSINESS

PTT report sees oil prices decreasing

Business, Yuthana Praiwan, Published on 29/01/2025

» Global energy market prices are expected to decline as new US president Donald Trump recently announced plans to increase domestic production of oil and gas, according to the weekly global oil market report issued by national oil and gas conglomerate PTT Plc.

BUSINESS

Cooking gas subsidies extended to Sept 30

Yuthana Praiwan, Published on 27/06/2024

» The price of cooking gas, also known as liquefied petroleum gas (LPG), will remain fixed at 423 baht per 15-kilogramme cylinder until Sept 30 as energy officials have agreed to extend subsidies from the Oil Fuel Fund.

BUSINESS

Thai Oil expects crude price to stabilise

Business, Yuthana Praiwan, Published on 11/06/2024

» Global crude oil prices in the second half of 2024 should be roughly similar to last year as oil supply will increase and geopolitical conflicts in the Middle East are expected to remain simmering, says Thai Oil Plc, the country's largest oil refinery by capacity.

BUSINESS

Duo gears up for hydrogen economy

Business, Yuthana Praiwan, Published on 22/05/2024

» Thailand is preparing to build a hydrogen economy, following efforts by business and the state to push for the development of hydrogen fuel business to promote the use of cleaner energy.

BUSINESS

PTT touts hydrogen as fuel of the future

Business, Yuthana Praiwan, Published on 18/04/2024

» While electric vehicles (EVs) gain in popularity as an option to replace oil-powered cars, hydrogen still holds promise as a future energy that may suit mobility technology and help reduce air pollutants, says national oil and gas conglomerate PTT Plc.

BUSINESS

State energy firms keen on alternative fuels

Business, Yuthana Praiwan, Published on 20/02/2024

» More state-run energy firms are eager to try alternative fuels to support the campaign against climate change, with the Electricity Generating Authority of Thailand (Egat) becoming the latest agency, aiming to replace coal with wood pellets to fuel its power plant.

BUSINESS

Star Petroleum sees fall in global oil prices

Business, Yuthana Praiwan, Published on 13/11/2023

» Global oil prices are likely to decrease during the remainder of this year despite high energy demand, though they remain prone to fluctuations resulting from geopolitical conflicts and economic adjustments in large economies, says Star Petroleum Refining Plc.

BUSINESS

Retail LPG to remain at same price

Business, Yuthana Praiwan, Published on 31/08/2023

» The retail price of liquefied petroleum gas (LPG) is expected to be maintained at 25.87 baht per kilogramme, or 432 baht per standard 15-kg cylinder, for another month, according to the Oil Fuel Fund Office (Offo).