Energy update: Oil nears US$100 as Thai oil fund deficit widens
FRIDAY, APRIL 10, 2026
Global oil prices are nearing US$100 a barrel again as Hormuz tensions persist, while Thailand says it has 110 days of reserves and an oil fund deficit of THB59.45 billion
The Energy Ministry said Thailand retail fuel prices have risen less than those in neighbouring countries, even as the Oil Fund deficit exceeded 42 billion baht and may deepen further