Thailand is weighing fuel excise tax cuts after a sharp rise in global oil prices pushed up costs at home. That has put pressure on household budgets, transport firms, and the Oil Fuel Fund , which has long helped soften the impact of price shocks.

The post Thailand Weighs Fuel Tax Cuts as Global Oil Prices Test Fiscal Stability first appeared on Chiang Rai Times.

Oil prices finished up by more than one dollar a barrel on Thursday as investors returned for the first trading day of 2025. They did so with an optimistic eye on China's economy and fuel demand, following President Xi Jinping's vow to promote…

The post Oil Prices Surge Over $1 as Investors Eye China’s Economic Growth and Fuel Demand in 2025 first appeared on Chiang Rai Times.