Showing 1 - 10 of 64
Oil plan presses ahead as E85 exits fuel mix
Business, Yuthana Praiwan, Published on 30/01/2026
» Thailand's new National Oil Plan will not be affected by PTT Oil and Retail Business Plc's (OR) decision to discontinue sales of gasohol E85, according to the Department of Energy Business (DOEB).
Global crude oil prices pressured by oversupply
Published on 22/12/2025
» Crude oil prices in the global market declined amid expectations of a supply surplus, with ICE Brent crude between October 1 - December 16, 2025 falling by $4.7 per barrel from the previous quarter to average $63.4 per barrel. The decline followed increased global supply, driven by eight OPEC+ members — Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman — collectively raising production from April–December 2025 by almost 3 million barrels per day, unwinding their voluntary cuts to defend market share. Additional supply growth from non-OPEC+ producers such as the United States, Brazil, Canada and Guyana further contributed to the imbalance.
Demand shifts result in national oil plan rejig
Business, Yuthana Praiwan, Published on 17/12/2025
» The new national oil plan (NOP), which maps out long-term oil usage for the country, is expected to have several revisions as a result of projected shifts in global oil demand, the popularity of electric vehicles (EVs) and data centres, says the Department of Energy Business (DOEB).
Oil forecaster makes dramatic shift
Reuters and Bloomberg, Published on 12/11/2025
» Global oil and gas demand could grow until 2050, the International Energy Agency (IEA) said on Wednesday, in a dramatic departure from its previous forecast of a speedy transition to cleaner fuels that would result in oil demand peaking before 2030.
Asian stocks track bank-led losses on Wall Street
Business, Nuntawun Polkuamdee, Published on 18/10/2025
» RECAP: Asian stocks tracked losses on Wall Street yesterday, as worries about credit quality led to a rout in US regional banking shares. Concerns about trade tensions, a possible tech bubble and the US government shutdown also persisted.
World must spend $540 billion a year looking for oil, gas
Bloomberg News, Published on 16/09/2025
» TORONTO — The world needs to spend some US$540 billion a year looking for oil and gas to maintain current output by 2050, according to the International Energy Agency (IEA).
AI surge ‘to double data centre power demand by 2030’
AFP, Published on 10/04/2025
» PARIS - Electricity consumption by data centres will more than double by 2030, driven by artificial intelligence applications that will create new challenges for energy security and CO2 emission goals, according to the the International Energy Agency (IEA).
Global Oil Prices Drop Amid Economic and Geopolitical Pressures
Published on 12/12/2024
» Crude Oil Market Overview
Traders cautious amid mixed signals from China
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 19/10/2024
» RECAP: Asian stocks traded cautiously on Friday after mixed readings on the health of China's economy. The dollar traded close to an 11-week high as robust US economic data suggested the Federal Reserve need not cut interest rates too aggressively.
Rivals Cathay Pacific, Singapore Airlines team up to source sustainable aviation fuel
South China Morning Post, Published on 07/06/2024
» HONG KONG: Cathay Pacific and Singapore Airlines (SIA), two of Asia's top aviation firms, have tied up to promote the use of sustainable aviation fuel (SAF) in the region, a critical initiative for a sector which is facing decarbonisation challenges.