PUBLISHED : 1 Oct 2024 at 10:07
Petrol nozzles pictured at a PTT petrol station. (Photo: Somchai Poomlard)
Global oil prices are unlikely to increase in this year’s fourth quarter, due in part to the impact of China’s sluggish economy on its oil imports, says an analyst at national oil and gas conglomerate PTT Plc.
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PUBLISHED : 1 Oct 2024 at 10:07
Petrol nozzles pictured at a PTT petrol station. (Photo: Somchai Poomlard)
Global oil prices are unlikely to increase in this year’s fourth quarter, due in part to the impact of China’s sluggish economy on its oil imports, says an analyst at national oil and gas conglomerate PTT Plc.
With no increase in prices, even in the winter when they usually rise as the result of higher energy demand to deal with colder climes, Thailand’s Oil Fuel Fund should face less pressure…