Spending during Songkran this year projected to be lowest in ten years

Spending by the public during the long Songkran holiday next week is projected to be the lowest in a decade, because consumers are tending to be more careful due to…

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Thailand’s inflation in March highest in 13 years, likely to increase

Thailand’s inflation in March increased to 5.73% year on year, which is the highest monthly rise in 13 years, largely due to the price increases for oil, electricity and food…

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A photograph taken on March 2, 2022 shows the prices of petrol and diesel fuel at a petrol station off of the M3 motorway near Fleet, southwest of London. – Oil prices soared on March 2, 2022 above $113 per barrel and natural gas hit a record peak, as investors fretted over key producer Russia’s intensifying assault on Ukraine. European benchmark Brent North Sea oil struck $113.94 per barrel, the highest level since 2014, while New York-traded WTI hit a nine-year high of $112.51 as both posted day rises of almost 8 percent before dropping back slightly. (Photo by Adrian DENNIS / AFP)

British PM to meet Saudi, UAE leaders as war roils oil prices

British Prime Minister Boris Johnson was to lobby Saudi Arabia and the United Arab Emirates to pump more oil to calm turbulent markets as he meets the Gulf states’ leadership…

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Thai government to keep diesel no higher than ฿30 per litre for as long as possible

The Thai government has promised to do its best to keep the price of diesel at no more than 30 baht/litre for as long as possible, said a tired-looking Prime…

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People walk by an electronic stock board of a securities firm in Tokyo, Tuesday, Feb. 22, 2022. (AP Photo/Koji Sasahara)

Oil prices jump, shares sink as Ukraine crisis escalates

(AP) — Oil prices surged nearly 5% and stock prices dropped after Russian President Vladimir Putin recognized the independence of rebel-held regions of Ukraine, raising fears that a full-scale invasion was…

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Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo

Oil prices hit 7-year highs as tight supply bites

LONDON (Reuters) – Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight…

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Thailand to produce only B7 diesel fuel until next March to reduce diesel prices

Thailand’s Energy Policy and Planning office (EPPO) decided today (Wednesday) to instruct oil refineries to produce just one type of diesel fuel (B7), from December until next March, to lower the price…

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General view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah

Oil prices climb to highest in years as COVID recovery, power generators stoke demand

SINGAPORE, Oct 18 (Reuters) – Oil prices hit their highest in years on Monday as demand continues its recovery from the COVID-19 pandemic, boosted by more custom from power generators…

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FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha

Oil prices crash, Asian shares set to tumble

SYDNEY (Reuters) – Asian share markets were set for a beating on Monday as investors fled to bonds to hedge the economic shock of the coronavirus, and oil plunged more…

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