Showing 111 - 120 of 138
Eppo: Oil prices likely to stay low
Business, Yuthana Praiwan, Published on 15/04/2020
» The Energy Policy and Planning Office (Eppo) estimates that global oil prices will stay low, even though major oil producers agreed to cut production last week.
Ethanol producers expect further price increases
Business, Yuthana Praiwan, Published on 15/04/2020
» The Thai Ethanol Manufacturing Association (TEMA) expects the price of ethanol for making gasohol to continue to rise as a result of a smaller harvest of raw materials used to make ethanol, owing to the severe drought.
Oil reserves reduction readied
Business, Yuthana Praiwan, Published on 10/04/2020
» The Department of Energy Business (DOEB) is expected to reduce oil reserves this week to 4% (15 days of average daily consumption) from 6% (21.5 days) in response to low demand due to the pandemic.
Oil market reels from virus
Business, Yuthana Praiwan, Published on 02/04/2020
» As the coronavirus pandemic spreads across the world, oil prices face another week of decline, hitting a new low of US$20 per barrel.
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.
PTG earmarks B5bn for pumps, expansion
Business, Yuthana Praiwan, Published on 17/03/2020
» SET-listed PTG Energy Plc (PTG), the owner of the PT oil pump brand, says it will allocate 5 billion baht to further expand into non-oil businesses and upgrade existing facilities.
Fuel retailers try to plug Q1 bleeding
Business, Yuthana Praiwan, Published on 16/03/2020
» Local fuel retailers are attempting to cut operating costs to cope with a sharp fall in demand as the coronavirus pandemic shuts down global air and road travel.
Ft rate held steady while economy reels
Business, Yuthana Praiwan, Published on 13/03/2020
» The Energy Regulatory Commission (ERC) announced on Thursday it will maintain the fuel tariff (Ft) rate at 3.64 baht per kilowatt-hour for May to August, keeping the rate stable for 20 months, to protect the struggling economy.
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.
Gasohol E20 to become primary petrol this month
Business, Yuthana Praiwan, Published on 02/03/2020
» Gasohol E20 will become the primary petrol for the country early this month, requiring all petrol stations nationwide to carry the ethanol-blended fuel, says the Energy Business Department.