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Thailand to widen oil sourcing, boost stocks as prices rise
TUESDAY, SEPTEMBER 08, 2026
The Energy Ministry is pursuing more import options and larger reserves, while the Oil Fuel Fund runs a deficit of about 83.291 billion baht
Iran energy threats lift oil prices to six-week highs
TUESDAY, SEPTEMBER 08, 2026
Brent settles at US$97.31 a barrel as shipping through Hormuz slows, while Goldman Sachs warns of US$120 oil if vessel attacks intensify
OPEC+ holds October oil quotas amid Hormuz disruption
MONDAY, SEPTEMBER 07, 2026
Seven producers retain September targets as war disrupts exports, while attention turns to the output baselines that will shape 2027 quotas
Iran war divides global economy into winners and losers
FRIDAY, SEPTEMBER 04, 2026
Six months of war have lifted profits for oil, defence and banking groups while raising costs for taxpayers, airlines, carmakers and vulnerable households
Oil extends rally with Brent above US$95 on Hormuz fears
THURSDAY, SEPTEMBER 03, 2026
Brent settled at US$95.63 and WTI at US$91.01 as renewed US-Iran attacks, reduced Hormuz traffic and falling US crude stocks fuelled supply fears
Oil prices jump over US$4 on renewed US-Iran fighting
WEDNESDAY, SEPTEMBER 02, 2026
Brent closes at US$94.65 and WTI at US$90.22 as fresh US strikes on Iran revive fears of prolonged disruption through the Strait of Hormuz
US-backed NABEP set to take over Venezuelan oilfields previously run by Chinese and Russian firms
TUESDAY, SEPTEMBER 01, 2026
NABEP is set to control 17 Venezuelan oil projects, including fields previously operated by five Chinese companies and one Russian group
Oil tops US$90 after US-Iran attacks renew supply fears
TUESDAY, SEPTEMBER 01, 2026
Brent settled 2.71% higher at US$90.49 and WTI gained 2.83% after Iran struck US bases in Jordan following the Larak Island attack
Petrol and diesel rise by 0.85 baht per litre (August 19)
WEDNESDAY, AUGUST 19, 2026
Bangkok pump prices rose from 5am on August 19, taking regular diesel to 38.39 baht and Gasohol 95 to 37.69 baht per litre
US-Iran impasse sends Brent above US$90 while Hormuz traffic plunges
TUESDAY, AUGUST 18, 2026
Oil prices rose more than US$2 as stalled US-Iran diplomacy and sharply reduced Strait of Hormuz traffic renewed global supply concerns