Oil Fund levy unchanged due to oil price volatility
Published on June 12, 2012 by TFP · No CommentsMr. Arak Chonlathanon, Minister of Energy, revealed after the EPAC meeting that a decision has been made to maintain the current rates of Oil Fund contribution for the time being due to the fluctuation of world oil prices. Recently, oil futures in Singapore rose by 4 dollars per barrel as a result of the EU’s agreement to help shore up Spain’s economy.
Meanwhile, Mr. Anusorn Saengnimnuan, President of Bangchak Petroleum Plc, said the marketing margin of benzene is now at 2.20 baht per liter and diesel at 1.60 baht per liter, but both are expected to lower after fuel prices increase. He expects the price of Dubai crude oil to be above 100 dollars per barrel in the 4th quarter even though it came down to 97 dollars per barrel in the past 2 months.
(NNT : Narumon Ngamsaithong)
---
Comments are closed.
 | Materials contained on this site are protected by copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without prior written permission or in the case of copyrighted third party materials, the owner of that content. |