Thailand Likely to See Pressured Demand From Higher Oil Prices -- Market Talk

Dow Jones
03/09

0909 GMT - Higher oil prices may weigh on Thailand's external and domestic demand, Citi Research analyst Wei Zheng Kit writes in a note. The country is vulnerable to the oil shock from the Middle East conflict, as it imports nearly 1 million barrels a day of crude oil. For now, the Thai government is trying to shore up domestic demand through subsidies from the Oil Fuel Fund to keep retail prices stable, while ramping up domestic energy production, suspending refined oil exports and diversifying import sources. However, the impact from higher oil prices could be cushioned by lower oil intensity on Thailand's GDP and a lower likelihood of tighter monetary policy.(amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

March 09, 2026 05:09 ET (09:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10