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Search Result for “barrel oil”

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THAILAND

DSI questions shipping executives over missing oil

News, Post Reporters, Published on 22/04/2026

» The Department of Special Investigation (DSI) on Tuesday began questioning executives from shipping companies summoned as witnesses in the missing oil at sea case.

THAILAND

DSI summons eight shipping firms

News, Post Reporters, Published on 21/04/2026

» Eight shipping companies have been summoned to give information this week as witnesses in a probe into missing oil shipments at sea, according to the Department of Special Investigation (DSI).

THAILAND

Government plans to borrow 500 billion baht

News, Mongkol Bangprapa, Published on 21/04/2026

» The government is preparing to issue an emergency decree to borrow 500 billion baht and raise the public debt ceiling, which would allow it to stabilise the country's fiscal position.

THAILAND

New plan to lower oil price

News, Mongkol Bangprapa, Published on 20/04/2026

» Energy Minister Akanat Promphan has signalled that a second reduction in refining margins of more than 2 baht per litre could be implemented this week, raising expectations of relief at the pump.

THAILAND

Iran says final deal with US still far off

News, Published on 20/04/2026

» TEHRAN: The strategic Strait of Hormuz remained closed on yesterday amid a stand-off between Iran and the United States, with Iran's parliament speaker signalling a final peace deal remained "far" off despite some progress in negotiations.

THAILAND

Oman ties help govt navigate Mideast crisis

News, Poramet Tangsathaporn and Jutamas Tadthiemrom, Published on 20/04/2026

» Thailand's engagement with Oman has intensified following rising maritime insecurity in the Strait of Hormuz after Foreign Affairs Minister Sihasak Phuangketkeow's visit to Muscat last week, where talks focused on shipping safety, energy cooperation and regional coordination.

THAILAND

DSI widens probe into fuel industry

News, Published on 19/04/2026

» The Department of Special Investigation (DSI) will inspect an oil depot in Surat Thani on Monday and summon executives from multiple oil transport companies as part of a widening probe into alleged fuel stockpiling and irregularities in oil shipments.

THAILAND

Iran shuts Hormuz Strait again

News, AFP, MONGKOL BANGPRAPA, Published on 19/04/2026

» Iran's military has again closed the Strait of Hormuz, just hours after briefly reopening the vital shipping lane, sending fresh shockwaves through global energy markets and maritime routes.

THAILAND

Commerce minister warns of rising price pressure

News, Post Reporters, Published on 18/04/2026

» Commerce Minister Suphajee Suthumpun has acknowledged consumer goods are likely to become more expensive as production costs increase, despite government measures to ease the burden on households.

OPINION

Hormuz crisis reveals energy resilience gap

News, Laura Carvalho, Published on 18/04/2026

» The closure of the Strait of Hormuz has triggered what the International Monetary Fund calls a "global yet asymmetric" rupture, disrupting the flow of roughly one-quarter of oil, one-fifth of liquefied natural gas, and one-third of fertiliser supplies. Energy and fertiliser prices have risen, supply chains have rerouted, and financial conditions have tightened unevenly around the world.