Rising Crude Oil Prices Amid Middle East Tensions – Analysis and Outlook
West Texas Intermediate and Brent crude oil prices rose. After the situation in the Middle East remains tense Date: 5 April 2024 Oil Price Situation Analysis Unit Thai Oil PCL said that The factors affecting the price are as follows: West Texas and Brent crude oil prices rose. After the tension situation between Israel and […]
Oil Prices Fall as US Crude Inventories Increase: Impact on Gasoline and Diesel Prices
West Texas Intermediate and Brent crude oil prices fell. After US crude oil inventories increased Date: March 27, 2024 Oil Price Situation Analysis Unit Thai Oil PCL said that The affecting factors are as follows: West Texas and Brent crude oil prices fell. After the United States Petroleum Institute (API) revealed that US crude oil […]
High Crude Oil Prices Persist as Middle East Tensions Continue: Forecast for March 18-22, 2024
Crude oil prices tend to fluctuate at a high level. After the geopolitical conflict the situation in the Middle East region remains tense. Thai Oil expects the price of West Texas crude oil this week to move within the range of 75-85 US dollars per barrel, while Brent crude oil moves within the range of […]
IEA Revised Forecast for Oil Demand Spurs Rise in Crude Oil Prices
Crude oil prices rose after the IEA revised its forecast for an increase in oil demand. and lowering the crude oil production forecast in 2024. Date: March 15, 2024 Oil Price Situation Analysis Unit Thai Oil PCL said that The factors affecting the price are as follows: Crude oil prices rose to the highest level […]
Thai Stock Market Update: Stocking Up on Energy Sector, Crude Oil Prices Rise
Thai is stocking up today 14 March 2024 Company AnalystKrungsri Securities (Securities Company) It is estimated that the SET will range from 1,375-1,395 points, although the index will be supported by the energy sector.price of crude oilA strong rebound after the stockcrude oilagasolineThe US fell more than expected, but the index is expected to turn […]
Stocking Up: Thai Market Analysis and Investment Strategy for February 27, 2024
Thai is stocking up today 27 February 2024 Company AnalystKrungsri Securities (Securities Company) SET is estimated to vary between 1,390 – 1,410 points despite support from the energy sector.price of crude oilwhich rebounded from supply-side concerns following the protracted Middle East situation andThe US punishes RussiaNew time, however. Cash flow Foreigners resorting to net selling, […]
Rising West Texas Intermediate and Brent Crude Oil Prices Amid Geopolitical Tensions
West Texas Intermediate and Brent crude oil prices rose. After the geopolitical situation there is still tension. February 6, 2024 Oil Price Situation Analysis Unit Thai Oil PCL said that The factors affecting prices are as follows: West Texas and Brent crude oil prices increased. After the conflict situation between Russia and Ukraine, tensions have […]
Crude Oil Prices Drop as US Gasoline and Diesel Stocks Increase
Crude oil prices fell After the United States revealed that stocks of gasoline and diesel fuel had increased. On January 5, 2024, the Oil Price Situation Analysis Unit, Thai Oil Public Company Limited, said that the affecting factors are as follows: Crude oil prices fell. After the United States gasoline and diesel stocks increased last […]
Crude Oil Prices Increase Over 3% Due to Supply Concerns in Libya and Tensions in the Middle East
Crude oil prices rose more than 3% after concerns about supply in Libya and tensions in the Middle East. January 4, 2024 Oil Price Situation Analysis Unit Thai Oil PCL said that The affecting factors are as follows: West Texas and Brent crude oil prices rose more than 3% after Libya (member of OPEC) ordered […]
Stocking Up: Investment Strategies and Important Issues for Today’s Market – 6 December 2023
Stock Market Update Thai Stock Market Analysis – December 6, 2023 By Krungsri Securities (Securities Company) Market Overview The SET is estimated to vary between 1,370 – 1,395 points despite predictions. The gradual decrease in US interest rates in the middle of next year is expected to weaken US bond yields. Furthermore, the TSEG fund, […]
