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Search Result for “oil depot inspection”

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BUSINESS

UAE quits Opec in blow to global oil cartel

Reuters, Published on 28/04/2026

» DUBAI - The United Arab Emirates said on Tuesday it was quitting Opec and ​Opec+, dealing a heavy blow to the ‌oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

BUSINESS

Car market posts growth in March

Business, Lamonphet Apisitniran, Published on 28/04/2026

» Thailand's domestic car market accelerated in March, with sales climbing 7% year-on-year to 59,865 units, driven by surging demand for electric vehicles (EVs) as consumers sought relief from rising oil prices amid Middle East tensions, according to the Federation of Thai Industries (FTI).

BUSINESS

Investors revert back to 'risk-on' mode

Business, Nuntawun Polkuamdee, Published on 28/04/2026

» Global financial markets are shifting back into a "risk-on" mode as investors increasingly look beyond geopolitical tensions and refocus on macroeconomic signals and policy direction, says Asia Plus Securities (ASPS).

BUSINESS

BoT set to leave interest rates unchanged

Business, Somruedi Banchongduang, Published on 28/04/2026

» Local research centres expect the Bank of Thailand to leave interest rates unchanged at Wednesday's meeting, adopting a wait-and-see approach amid the ongoing war in the Middle East.

BUSINESS

Officials set to consider increasing solar purchases

Business, Yuthana Praiwan, Published on 28/04/2026

» The National Energy Policy Council (NEPC) will meet on Wednesday to consider a plan to buy more solar power from households and businesses, with the intention of encouraging people to generate their own electricity.

BUSINESS

Thai SMEs urged to seek new markets amid shipping hurdles

Business, Wichit Chantanusornsiri, Published on 28/04/2026

» Exports by Thai small and medium-sized enterprises (SMEs) are expected to be adversely affected by changes in shipment patterns, says the head of the Export-Import (Exim) Bank of Thailand.

BUSINESS

Limited impact seen from co-pay scheme

Business, Nareerat Wiriyapong, Published on 28/04/2026

» Economists have played down the impact of the long-awaited second phase of the government's latest co-payment plus scheme in propping up the subdued economy, citing a limited budget, while goods prices are expected to rise substantially from the second quarter due to elevated oil prices.

BUSINESS

Japan bathhouses in deep water as energy costs boil over

Kyodo News, Published on 27/04/2026

» Traditional public bathhouses in Japan are in deep water as soaring energy costs triggered by the Middle East oil supply disruptions threaten to extinguish the fires of a fading tradition, with some of them forced to shorten their hours or even shut their doors for good.

BUSINESS

Oil climbs nearly 2% as US-Iran peace talks stall

Reuters, Published on 27/04/2026

» SINGAPORE - Oil prices extended gains on Monday, rising nearly 2% as peace talks between the United States and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil ​supplies tight.

BUSINESS

Thailand wilts as 'financial summer' batters households

Business, Somruedi Banchongduang, Published on 27/04/2026

» As temperatures climb across Thailand, households are feeling more than just the heat. This year's hot season has brought a sharp rise in living costs, particularly fuel prices, tightening budgets and amplifying financial strain.