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Search Result for “oil reserve”

Showing 1 - 10 of 7,033

BUSINESS

Gold slides below $5,000 as Lunar New Year holiday mutes trade

Bloomberg News, Published on 17/02/2026

» LONDON — Gold slipped further below US$5,000 an ounce in thin trading, with much of Asia closed for the Lunar New Year and after a US holiday on Monday.

BUSINESS

Emerging markets to triumph in 2026

Business, Nuntawun Polkuamdee, Published on 17/02/2026

» 2026 is expected to see a decisive rotation in global asset allocation, with emerging markets (EM) positioned to outperform developed markets (DM) as the US dollar enters a weakening cycle, according to analysts.

BUSINESS

Nomination nightmare for precious metals

Business, Published on 17/02/2026

» The nomination of Kevin Warsh as the new chairman of the US Federal Reserve turned into a nightmare for the precious metals complex on Jan 30. Prices plummeted at an unprecedented pace as speculators who had fuelled the relentless rally started to sell.

BUSINESS

Baht to remain volatile despite foreign fund flows

Business, Somruedi Banchongduang, Published on 16/02/2026

» Although positive domestic sentiment has supported baht appreciation against the US dollar, the local currency is expected to remain highly volatile amid persistent external uncertainties.

BUSINESS

Egat makes B31bn investment to upgrade EEC power system

Business, Yuthana Praiwan, Published on 16/02/2026

» The Electricity Generating Authority of Thailand (Egat) is spending 31 billion baht to upgrade the power transmission system in the Eastern Economic Corridor (EEC), in a bid to ease a bottleneck for electricity supply to data centre development projects.

BUSINESS

Asian shares retreat ahead of Lunar New Year break

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 14/02/2026

» RECAP: Asian equities pulled back from record highs on Friday as traders locked in gains and pared positions ahead of a week-long holiday in Chinese markets. Wall Street risk appetite ebbed as traders started to look at AI-related impacts on the broader economy.

BUSINESS

Bangchak buys Chevron’s HK unit as Thai firm expands in Asia

Bloomberg News, Published on 13/02/2026

» Bangchak Corp will acquire Chevron’s Hong Kong fuel business for US$270 million as the Thai energy company accelerates its overseas expansion, it said.

BUSINESS

Fuel usage declined 0.2% in 2025

Business, Yuthana Praiwan, Published on 13/02/2026

» Thailand's total fuel consumption dipped slightly last year, falling by 0.2% year-on-year due to the economic slowdown, says the Department of Energy Business (DOEB).

BUSINESS

PTT Exploration and Production greenlights greenfield project

Business, Yuthana Praiwan, Published on 11/02/2026

» SET-listed PTT Exploration and Production (PTTEP) has decided to invest in a new offshore petroleum site in Malaysia, the company's first greenfield development project in the country, in a move to support long-term growth.

BUSINESS

Thai firms chase LNG deals as worldwide prices decline

Business, Yuthana Praiwan, Published on 10/02/2026

» Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills.