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Search Result for “crude oil purchase”

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BUSINESS

Central bank chief expects no change in interest rate

Reuters and Post Reporters, Published on 09/04/2026

» The Bank of Thailand will keep its policy interest rate ​on hold, with ‌economic growth projected at 1.3% to 1.7% this year, governor Vitai Ratanakorn said on Thursday.

BUSINESS

Huge bets on oil plunge placed just before ceasefire news

Published on 09/04/2026

» LONDON - Investors placed approximately $950 million in bets on oil prices falling just hours before the United States and Iran announced a ceasefire, the latest large wager on the direction of the ​world’s most traded commodity ahead ⁠of a major policy announcement by President Donald Trump.

OPINION

The day the US became Britain at Suez

Oped, Philip J Cunningham, Published on 09/04/2026

» The world's focus is on the US-induced debacle in the Strait of Hormuz, but it's another narrow strait that sums up the current state of US power in the world: Suez.

OPINION

Modern-day mispricing of war

Oped, Antara Haldar, Published on 09/04/2026

» In the space of just a few weeks, the throttling of shipping traffic through the Strait of Hormuz has revealed the true nature of the US-Israeli war with Iran. This is no regional conflict, because the entire world is being invoiced. While the size of the bill remains to be determined, it is already obvious that the belligerents won't be the only ones paying the tab.

BUSINESS

Long break eases pressure on oil reserves

Business, Yuthana Praiwan, Published on 09/04/2026

» The long holiday during the Songkran festival may ease pressure on Thailand's oil reserves, as demand for diesel is expected to decrease during this period, says the Department of Energy Business.

BUSINESS

Airlines adjust operations amid ceasefire

Business, Molpasorn Shoowong, Published on 09/04/2026

» Despite a two-week ceasefire between the US and Iran, Thai airlines still have to adjust their operational strategies for the summer schedule to match travel demand dampened by concerns over uncertainty surrounding the oil crisis.

BUSINESS

Mideast truce met with market caution

Business, Nareerat Wiriyapong and Somhatai Mosika, Published on 09/04/2026

» Business leaders and analysts gave a lukewarm welcome to the two-week ceasefire deal between the US and Iran, saying the proposed conditions of the truce seem difficult for both sides to agree to, while significant uncertainties remain, particularly ahead of their Islamabad talks on April 10.

BUSINESS

Thailand seen highly exposed to oil shock

Business, Somruedi Banchongduang, Published on 09/04/2026

» Thailand is among the region's most vulnerable countries to an oil shock, with the risk potentially reducing household income by 3-4%, according to the World Bank.

THAILAND

Oil hoarding suspected in 4 provinces

News, Chairith Yonpiam, Published on 09/04/2026

» Suspected oil hoarding has been uncovered in four provinces, prompting a multi-agency crackdown and a push to classify the cases as special investigations.

WORLD

In Trump war on Iran, tactical wins and long-term damage to US

AFP, Published on 09/04/2026

» WASHINGTON (UNITED STATES) - Launching war on February 28, US President Donald Trump warned that Iran would learn never to challenge the US military and called on the people to rise up against their unpopular cleric-led government.