Tag: oil

THB nears 15-month low against USD, pressured by rising oil prices, a firmer USD, higher US yields, and BoT's accommodative stance—though sharper depreciation could challenge policymakers if inflation from elevated oil persists.

Thailand's record April trade deficit and persistent strong imports are pressuring the Baht, despite portfolio inflows, with authorities warning of continued weakness against the Dollar.

Middle East war fears and rising oil prices could weaken the Thai baht to 33 per dollar. Thailand, as a net oil importer, faces a higher import bill.

As a major net importer of oil and gas, Thailand faces a downward revision of its GDP growth forecast to as low as 1.3% and heightened inflationary pressures.

Asia is in the grip of a deepening plastics emergency as the Iran oil shock chokes off supplies of a critical petrochemical feedstock, sending packaging prices soaring and raising alarm across food, medical, and consumer goods industries from Indonesia to ...

The ongoing Iran war and its resulting energy crisis have significantly shifted global power dynamics, with Russia and China emerging as the main beneficiaries.

Thailand's refining industry adapts to clean fuel policies, upgrading for Euro-5 standards, anticipating increased distillate production by 2028.