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Thailand govt steps up inflation fight with subsidies and price caps

Thailand is stepping up its battle against inflation by extending price caps on dozens of essential goods for another year and channeling a share of profit from oil refiners to fund energy subsidies for an extended period.

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Gasoil drives Asian refinery margins back to pre-COVID levels | Hellenic Shipping News Worldwide

Asian oil refiners’ margins have rallied back to their highest since before the COVID-19 pandemic struck, spurred by a doubling of gasoil profits as the global economic recovery and power shortage drive demand for the fuel, analysts and traders said. Gasoil demand has surged as power generators seek alternatives to record-high natural gas and coal .

South koreaNew delhiChristian schmollingerMohi narayanFlorence tanDylan simKoustav samantaOscar yeeWood mackenzieConsultancy rystad energyTaiwan formosa petrochemical corpThailand star petroleum refining pclStar petroleum refining pclFormosa petrochemical corpRystad energy

Gasoil drives Asian refinery margins back to pre-COVID levels

Gasoil drives Asian refinery margins back to pre-COVID levels
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South koreaDylan simOscar yeeWood mackenzieConsultancy rystad energyTaiwan formosa petrochemical corpThailand star petroleum refining pclStar petroleum refining pclFormosa petrochemicalRystad energy

Gasoil drives Asian refinery margins back to pre-COVID levels

Asian oil refiners' margins have rallied back to their highest since before the COVID-19 pandemic struck, spurred by a doubling of gasoil profits as the global economic recovery and power shortage drive demand for the fuel, analysts and traders said.

South koreaNew delhiChristian schmollingerMohi narayanFlorence tanDylan simKoustav samantaOscar yeeWood mackenzieConsultancy rystad energyThomson reuters trust principlesTaiwan formosa petrochemical corpThailand star petroleum refining pclStar petroleum refining pclFormosa petrochemical corpRystad energy

Gasoil drives Asian refinery margins back to pre-COVID levels

South koreaDylan simOscar yeeWood mackenzieConsultancy rystad energyTaiwan formosa petrochemical corpThailand star petroleum refining pclStar petroleum refining pclFormosa petrochemicalRystad energy