Oil rises nearly 2% as US–Iran talks stall
Oil prices climbed further on Monday, rising 2% as stalled peace talks between the United States and Iran and restricted flows through the Strait of Hormuz kept global supplies tight.…
Gold and Oil Recommended as Key Investment Plays
Photo Credit: Bangkok Post Thailand’s leading asset managers are advising investors to increase exposure to gold and oil as geopolitical tensions in the Middle East intensify, while regulators say they…
Oil Prices Expected to Drop Amid US-China Trade War
Oil prices could dip below $70 per barrel this week, thanks to the latest trade war drama sparked by US President Donald Trump. Thai Oil Plc, Thailand’s biggest oil refinery,…
Palm Oil Exports Suspended Amid Rising Prices
The Ministry of Commerce has suspended palm oil exports to bolster emergency reserves while urging retail stores to keep bottled palm oil prices stable. Commerce Minister Pichai Naripthaphan stated that…
Fuel subsidies may exhaust oil fund
The Oil Fuel Fund Office (Offo) in Thailand has expressed the need for new measures to support and manage the fund amidst concerns that oil and gas subsidies will deplete…
Oil prices rises after OPEC+ maintains output cost
Oil prices rebounded in early trade on Friday, as the Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, decided to maintain their current oil output…
Can climate summit in Dubai really change anything?
You are going to be hearing a lot about COP28 over the next two weeks. The world’s most important climate meeting, beginning on Thursday, is being hosted in Dubai by…
Free trade deal with GCC countries
A government spokesman, Chai Wacharonke, says that Thailand wants to have a free trade deal with Gulf Cooperation Council (GCC) countries to encourage business and trade. On Saturday, Prime Minister…
THB 10,000 fine for anyone who dumps oil down Bangkok manholes
Anybody dumping oil into Bangkok sewers will be hit with a fine of up to 10,000 baht, Bangkok Governor Chadchart Sittipunt stated on Monday. He was responding to photos of…
Siam Herbal Health hitting the all right spots
Our mission at Siam Herbal Health is simple: to discover, inform about and provide premium Cannabidiol products. The primary purpose of our existence is to encourage others to educate themselves…