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State agency warns fuel retailers over pricing
WEDNESDAY, NOVEMBER 22, 2023
Fuel retailers on Wednesday were warned to keep their marketing cost at no more than 2 baht per litre or the Commerce Ministry would take measures to control oil prices.
Higher oil prices drive up inflation in August
TUESDAY, SEPTEMBER 05, 2023
The Commerce Ministry on Tuesday said that domestic inflation in August increased by 0.88% due to a surge in oil prices despite stable fresh food prices.
More people turning to public transport and EVs: survey
THURSDAY, SEPTEMBER 01, 2022
High oil prices have prompted more people to turn to public transportation and electric vehicles, while the rising prices of goods have reduced use of luxury goods, a survey has found.
Government promises utmost efforts to alleviate impact from soaring oil prices
FRIDAY, MARCH 11, 2022
The government has promised to do everything in its power to maintain the price of diesel oil at no higher than 30 baht per litre, as fuel prices hit their highest levels in 14 years following the military conflict between Russia and Ukraine.
Pain at the pump as U.S. gasoline prices soar to highest since 2008
TUESDAY, MARCH 08, 2022
U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia's ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday.
Stocks eke out gains on surging oil prices as investors look past grim jobs numbers
THURSDAY, APRIL 23, 2020
U.S. stocks climbed during a scattershot session Thursday as investors latched onto a recovery in oil prices and ignored another week of daunting jobless claims.
U.S. stocks rebound as oil prices stabilize
WEDNESDAY, APRIL 22, 2020
U.S. stocks rebounded Wednesday after a two-day sell-off as oil prices stabilized.
Oil prices extend slide 1 day after U.S. crude drops below 0; Dow plunges more than 600 points
TUESDAY, APRIL 21, 2020
A crash in oil prices unleashed by the coronavirus lockdown hammered global stocks Tuesday and opened another battlefront for pandemic-battered economies.
Oil prices extend slide one day after U.S. crude drops below zero; Dow plunges 500 points
TUESDAY, APRIL 21, 2020
A collapse in the price of oil continued to disrupt world markets Tuesday as investors braced for another deep dive in U.S. stocks.
U.S. stocks plunge amid steep falls in oil prices, bank earnings and retail sales
THURSDAY, APRIL 16, 2020
Investors received a reality check Wednesday on what happens when the world's biggest economy comes to a near stop. A series of wrenching numbers on retail sales, oil prices and bank profits knocked a stock rally off its tracks and hit the pause button on investor optimism.
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