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OPEC+ Boosts August Oil Output by 188,000 Barrels Per Day
OPEC+ Boosts August Oil Output by 188,000 Barrels Per Day
MONDAY, JULY 06, 2026
The oil alliance approves a fifth consecutive monthly supply increase as crude prices stabilise at pre-conflict levels near seventy-two dollarsAsean refineries shut units and cut output in fight for survival
Asean refineries shut units and cut output in fight for survival
SATURDAY, APRIL 18, 2026
Refineries in Malaysia and Singapore are cutting runs or shutting units as Middle East supply disruption squeezes crude flows and drives up costs.Japan unveils US$10bn support package to help ASEAN secure oil
Japan unveils US$10bn support package to help ASEAN secure oil
WEDNESDAY, APRIL 15, 2026
Japan will create a US$10 billion support framework to help Southeast Asian countries secure energy supplies as Middle East tensions strain oil markets and supply chains.IEA cuts 2026 oil demand outlook as Middle East war rattles markets
IEA cuts 2026 oil demand outlook as Middle East war rattles markets
WEDNESDAY, APRIL 15, 2026
IEA lowers its 2026 oil demand growth forecast as Middle East conflict disrupts Hormuz flows, hits supply and keeps pressure on global oil pricesBangchak’s 700,000-barrel crude shipment arrives safely
Bangchak’s 700,000-barrel crude shipment arrives safely
WEDNESDAY, APRIL 08, 2026
A crude tanker carrying Middle East oil has arrived safely at Bangchak Sriracha, with the company saying refinery supply plans and reserves remain stableOil rises as war disruption deepens and OPEC+ move offers little relief
Oil rises as war disruption deepens and OPEC+ move offers little relief
MONDAY, APRIL 06, 2026
Oil prices opened higher as the US-Israeli war with Iran continued to disrupt supply, while OPEC+’s planned output increase offered little immediate reliefIran moves to charge Hormuz transit fees, bars US and Israeli ships
Iran moves to charge Hormuz transit fees, bars US and Israeli ships
TUESDAY, MARCH 31, 2026
Iran approves plan to charge ships using the Strait of Hormuz and ban US, Israeli vessels, escalating tensions and threatening global oil supply routesRussia ready to sell oil to Thailand as Sihasak seeks new energy sources
Russia ready to sell oil to Thailand as Sihasak seeks new energy sources
WEDNESDAY, MARCH 18, 2026
Thailand says Russia is ready to sell oil, while Foreign Minister Sihasak Phuangketkeow continues talks with Brazil, Nigeria and Kazakhstan to secure new energy suppliesThai Government Set to Revise Fiscal Framework as Energy Crisis and Slowing Growth Loom
Thai Government Set to Revise Fiscal Framework as Energy Crisis and Slowing Growth Loom
MONDAY, MARCH 16, 2026
Public Debt Management Office eyes medium-term review to maintain fiscal discipline, capping budget deficits at 3 per cent of GDP despite fuel fund strainPTT Mobilises Emergency Energy Strategy as Domestic Fuel Demand Triples
PTT Mobilises Emergency Energy Strategy as Domestic Fuel Demand Triples
MONDAY, MARCH 16, 2026
National energy giant pivots to African and American crude imports and ramps up LNG supplies to counter Middle East supply chain disruptions