Showing 1 - 10 of 31
OPEC+ Delays Production Increase Following a Drop in Oil Prices.
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
Shares boosted by growing hopes for a soft landing
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 31/08/2024
» RECAP: Asian stocks closed in on a fourth month of gains, lifted by hopes of a soft landing for the US economy. The dollar was poised for its worst monthly performance in nine months on the view that US interest rates are all but certain to start falling next month.
Kenya envoy says Thai investors missing out
Poramet Tangsathaporn, Published on 28/08/2024
» Thailand and African nations should promote more two-way trade, investment and academic exchanges to strengthen ties and expand business opportunities, says the Kenyan ambassador to Thailand.
Tuna exports soar as industry recovers
Business, Phusadee Arunmas, Published on 01/07/2024
» Thai exports of canned tuna grew by more than 13% in the first five months of this year.
What’s New for the Thailand Elite Visa in 2024
Published on 18/03/2024
» New updates to Thailand’s premier long-term visa option: Thailand Privilege Elite Visa, the easiest and most rewarding way to stay in the Kingdom
Asian markets swing as crude spike stokes inflation concerns
AFP, Published on 13/09/2023
» HONG KONG - Equities fluctuated Wednesday ahead of a crunch US inflation report, with investors increasingly nervous that a recent spike in oil will put fresh upward pressure on consumer prices and force the Federal Reserve to lift interest rates again.
Airbus pays 15.9m euros to close French corruption probe
AFP, Published on 01/12/2022
» PARIS: A French judge on Wednesday allowed European aerospace firm Airbus to pay 15.9 million euros ($16.4 million) to avoid a corruption probe into aircraft deals in Libya and Kazakhstan between 2006 and 2011.
Asian, European markets tumble after Powell's rates warning
AFP, Published on 29/08/2022
» Markets sank Monday and the dollar rallied after Fed boss Jerome Powell warned of more interest rate hikes to fight inflation and poured cold water on the prospects of a cut in the new year.
Saudi Arabia raises oil prices for Asia to record levels
Bloomberg News, Published on 04/08/2022
» Saudi Arabia raised oil prices for buyers in Asia to record levels, a sign the world’s largest exporter sees the region’s market remaining tight.
Call for more state promotion of ethanol
Business, Yuthana Praiwan, Published on 12/07/2022
» The Tapioca Ethanol Association is urging energy policymakers to promote more use of cassava-based ethanol in order to help motorists cope with high fuel bills, which have been driven up by the global oil price surge.