Thai Finance Official will propose to cancel plan to cut oil tax
The proposal by the Thai Finance Official to cancel the plan to cut oil taxes suggests a potential increase in oil prices and could lead to implications for domestic inflation.
US BROKER MOVES: MS upgraded at UBS; ARM downgraded at UBS
Several explosions heard in Kuwait and UAE, according to Irib News
Thai Finance Official will propose to cancel plan to cut oil tax
BoE's Deputy Governor Lombardelli says dynamic pricing is not an inflation menace at this time
Iran's Press TV has obtained exclusive information regarding the recent operation carried out by the US-Israeli coalition in Isfahan that reveals a major strategic defeat for the enemy; it will be published shortly
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This move indicates a prioritization of fiscal health over easing energy costs, which may reverberate through regional commodity markets and impact investor sentiment towards oil-related assets. Watch for market reactions, particularly in WTI and other commodities linked to emerging market dynamics.
Related headlines
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 9 hours ago
- Explosions reported at King Fahd Airbase in Saudi Arabia1 hour ago
- Several explosiosn were heard in Iran's Qeshm and Sirik, according to Fars1 hour ago
- US Weekly Private Inventory Data (bbls): Crude -0.3mln (exp. -1.3mln), Gasoline -1.9mln (exp. -1.8mln), Distillate +2.0mln (exp. -0.2mln), Cushing -0.3mln2 hours ago
- US Energy Secretary Wright says current refining capacity is a bigger problem than crude oil supply2 hours ago
- Enbridge (ENB) to buy Tallgrass crude business for USD 2.55bln in cash2 hours ago
- Pakistan has warned Iran to restrain Yemen’s Houthi militants after a rise in Houthi attacks on Saudi Arabia, conveying the message on behalf of Riyadh, reports Reuters citing sources3 hours ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim3 hours ago
- Pakistani Ambassador says they believe that a better understanding will soon be achieved between the US and Iran, reports ISNA4 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL4 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election4 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer4 hours ago
- A US official tells NewsNation on reports of strikes in Iran near the Strait of Hormuz that there are no attacks being carried out by US forces right now: “We're not currently striking”5 hours ago
- Primer: US to sell USD 39bln of 10-year notes at 18:00BST/13:00 EDT6 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"6 hours ago
- Iran official says it is ready for more intense war with US if required and will escalate strikes in response to US attacks7 hours ago
- EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD). 7 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight7 hours ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business7 hours ago
- Oil loading have resumed at the CPC terminal after drone attacks on Tuesday, according to the Kazakh Energy Ministry8 hours ago
The whole workspace, free to try.
Try it free