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Search Result for “North Sea crude”

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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

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.

BUSINESS

Thai manufacturers to get new assistance package

Business, Lamonphet Apisitniran, Published on 08/04/2026

» Newly appointed Industry Minister Varawut Silpa-archa has vowed to help Thai manufacturers weather the impact of geopolitical conflict and rising energy costs, while steering the country's industrial sector towards greener, more sustainable practices under the government's bio-, circular and green (BCG) economic model.

PROPERTY

KKP sees housing prices rising 10% amid oil crisis

Business, Somruedi Banchongduang, Published on 08/04/2026

» Kiatnakin Phatra Financial Group (KKP) forecasts that a surge in global oil prices will push housing prices up by 10% this year, primarily affecting homebuyers in the mass-market segment.

BUSINESS

Inflation poised to rise as sentiment weakens

Business, Somhatai Mosika, Published on 08/04/2026

» Headline inflation is projected to rise in April for the first time in over a year, or since March 2025, while the consumer confidence index (CCI) fell sharply in March. Both are largely influenced by the Middle East conflict and rising energy prices, according to the Trade Policy and Strategy Office (TPSO).

BUSINESS

Office eyes B40bn via infrastructure funds

Business, Wichit Chantanusornsiri, Published on 07/04/2026

» Several state-owned enterprises (SOEs) are expected to raise a combined 40 billion baht through infrastructure funds, helping to ease the government's public debt burden as such liabilities are not classified as public debt, says the chief of the State Enterprise Policy Office (Sepo).

BUSINESS

Pundits warn of stagflation risk

Business, Nareerat Wiriyapong, Published on 07/04/2026

» Thailand faces a heightened risk of stagflation as elevated oil prices nudge up inflation, with the new government unlikely to launch large stimulus measures to prop up the subdued economy given high public debt levels, warn analysts.

BUSINESS

Global tensions hit home

Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026

» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.

BUSINESS

Pine Wealth identifies several Q2 themes

Business, Nuntawun Polkuamdee, Published on 06/04/2026

» Pine Wealth Solution Securities, a subsidiary of One Asset Management, has identified gold, oil and nuclear energy as key investment themes for the second quarter amid rising inflation risks, projecting bullion to hit US$5,700 an ounce in the long term.