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Goldman warns global oil buffers are nearing eight-year lows

May 05, 2026

Goldman Sachs said global oil inventories were falling fast, with restricted flows through the Strait of Hormuz increasing supply pressure

PTT-chartered tanker among first through Hormuz after truce

April 12, 2026

A tanker chartered by Thailand’s PTT was among the first fully laden VLCCs to leave the Gulf after the US-Iran ceasefire, signalling a tentative easing in a key oil chokepoint.

Fuel price hike needed to protect Oil Fuel Fund

TUESDAY, MARCH 24, 2026

The government says the latest fuel price increase was unavoidable as global oil prices surged and the Oil Fuel Fund slipped deeper into deficit.

US deploys Marines from Japan as Kharg Island emerges as key flashpoint

SATURDAY, MARCH 14, 2026

The US is deploying Marines from Japan as tensions with Iran escalate, while analysts warn a potential move against Kharg Island could send global oil prices soaring

Energy Minister assures diesel price fixed at 32 baht per litre despite US sanctions on Russia

FRIDAY, OCTOBER 24, 2025

Thai Energy Minister confirms diesel price remains at 32 baht per litre, using fuel fund support, despite global oil price surge due to US sanctions on Russia

IEA sees first global oil demand drop in a decade amid coronavirus spread

FRIDAY, FEBRUARY 14, 2020

Global oil demand will drop this quarter for the first time in over a decade as the coronavirus batters China's economy, the International Energy Agency said.