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IEA warns global oil market could enter danger zone in July-August
IEA warns global oil market could enter danger zone in July-August
FRIDAY, MAY 22, 2026
IEA chief Fatih Birol warns the oil market may face severe strain as summer demand rises and Middle East supply remains disrupted.Thaioil warns market risks remain despite Q1 profit rise amid oil volatility
Thaioil warns market risks remain despite Q1 profit rise amid oil volatility
MONDAY, MAY 11, 2026
Thaioil warns Q2 profit may weaken as oil price swings and liquidity strain follow a Q1 result boosted by temporary stock gains.PTTEP forecasts record sales, braces for Middle East energy risks
PTTEP forecasts record sales, braces for Middle East energy risks
WEDNESDAY, MAY 06, 2026
PTTEP expects its average sales volume in the second quarter of 2026 to reach a new record high of around 560,000 barrels of oil equivalent per day.Lightning strike ignites crude oil tank at Chonburi refinery
Lightning strike ignites crude oil tank at Chonburi refinery
MONDAY, MAY 04, 2026
A lightning strike sparked a crude oil tank fire at a Chonburi refinery, with crews using foam to contain the blaze. No injuries were reported.OPEC+ raises oil quota as Hormuz crisis keeps supply tight
OPEC+ raises oil quota as Hormuz crisis keeps supply tight
MONDAY, MAY 04, 2026
Seven OPEC+ producers will lift June output by 188,000 bpd, but Hormuz disruptions mean relief for oil markets may remain limited.Japan to support Vietnam's crude oil procurement
Japan to support Vietnam's crude oil procurement
SATURDAY, MAY 02, 2026
Japanese Prime Minister Sanae Takaichi and her Vietnamese counterpart, Le Minh Hung, agreed Saturday (May 2) to position economic security cooperation as a pillar of their countries' bilateral relations, including Japan's public-private support for Vietnam's crude oil procurement.US crude oil arrives in Japan for first time since Iran crisis began
US crude oil arrives in Japan for first time since Iran crisis began
SUNDAY, APRIL 26, 2026
Japan receives 910,000 barrels of US crude as it races to diversify oil supplies beyond the Middle East amid Iran tensions.Oil jumps as Hormuz shutdown jolts markets again
Oil jumps as Hormuz shutdown jolts markets again
MONDAY, APRIL 20, 2026
Crude prices rebounded sharply after the Strait of Hormuz was shut again, renewing fears over disrupted oil flows and a worsening US-Iran standoffAsean refineries shut units and cut output in fight for survival
Asean refineries shut units and cut output in fight for survival
SATURDAY, APRIL 18, 2026
Refineries in Malaysia and Singapore are cutting runs or shutting units as Middle East supply disruption squeezes crude flows and drives up costs.PTT-chartered tanker among first through Hormuz after truce
PTT-chartered tanker among first through Hormuz after truce
SUNDAY, APRIL 12, 2026
A tanker chartered by Thailand’s PTT was among the first fully laden VLCCs to leave the Gulf after the US-Iran ceasefire, signalling a tentative easing in a key oil chokepoint.