Showing 1 - 10 of 1,580
Petroleum and Energy Institute of Thailand denies oil refineries profiting from war
Business, Yuthana Praiwan, Published on 27/03/2026
» The Petroleum and Energy Institute of Thailand (PTIT) has denied an allegation that oil refineries are reaping a profit following a surge in their gross refinery margin (GRM) during the Mideast conflict, which is driving up domestic oil prices.
Call for measures to restrain fuel price hikes
Business, Somhatai Mosika, Published on 27/03/2026
» The Thai Chamber of Commerce is calling on the government to manage fuel prices, ensure adequate reserves, and speed up the implementation of energy-saving measures nationwide.
Crude prices test GDP, inflation goals
Business, Somruedi Banchongduang, Published on 27/03/2026
» The government is advised to adopt a managed float approach to deal with energy prices amid expectations that domestic diesel prices could reach 60 baht per litre.
Businesses start to feel the pinch
News, Post Reporters, Published on 27/03/2026
» Business operators across Thailand have cried foul over the sudden spike in diesel and fuel prices, saying the surge has intensified already mounting cost pressures and is forcing some to consider price hikes or cutbacks.
Credit outlook steady as fuel subsidy ditched
Business, Nareerat Wiriyapong and Lamonphet Apisitniran, Published on 27/03/2026
» The government's decision to abolish blanket fuel price subsidies helps reduce the possibility Thailand will face a credit downgrade, even though the measure could pressure fragile domestic consumption and push inflation to rise.
Malaysia cuts subsidised fuel quotas on global oil price surge
Bloomberg News, Published on 26/03/2026
» KUALA LUMPUR - Malaysia’s government will cut subsidised allocations for its most popular fuel from April as it seeks to curb leakages and relieve fiscal pressure from a surge in oil prices owing to the Middle East conflict.
Tourist island transport operators feel fuel pinch
Jakkrit Waewkraihong and Online Reporters, Published on 26/03/2026
» Tourism operators on Thai resort islands are bracing for the effects of the sudden sharp increase in fuel prices on Thursday.
Oil fund defends sudden steep price hikes
Mongkol Bangprapa, Published on 26/03/2026
» The Oil Fuel Fund Office has defended the sharp six‑baht rise in fuel prices across Thailand, saying the increase was driven by soaring global oil prices and the need to maintain the fund’s financial stability.
Ex-energy minister denounces fuel hike ‘robbery’
Online Reporters, Published on 26/03/2026
» Former energy minister Pirapan Salirathavibhaga has lashed out at the government over the sharp increase in retail fuel prices, describing the move as “robbery” after authorities approved a reduction in subsidies.
Bangkok passenger boat fares to rise after diesel surge
Online Reporters, Published on 26/03/2026
» The operators of passenger boats on the Saen Saep Canal and the Chao Phraya River will raise their fares by two baht next Monday in response to the 18% jump in diesel prices.