Oil prices fell on Thursday but stayed within the tight range they have been in all week, as optimism on the summer driving season in the United States and Europe offset concerns about demand in India and a potential supply increase from Iran.
SINGAPORE -Oil prices fell on Thursday but stayed within the tight range set this week, with optimism about the summer driving season in the United States and Europe offsetting concerns on demand in.
Brent crude fell 44 cents, or 0.6%, to $68.43 a barrel at 0220 GMT, erasing Wednesday s gain of 22 cents. Brent has traded between $68 and $69 for most of this week
Thai Listed Firms Report 120 Percent Surge In Operating Profits Y-O-Y In Q1 Date
Core operating profits soared 119.92 pct y-o-y to THB 394.45 billion
Aggregate sales up 2.95 pct y-o-y to THB 2.94 trillion
Listed companies on The Stock Exchange of Thailand (SET) posted their improved performances in the first quarter of this year compared with a year ago resulting from oil price rebound as the Organization of the Petroleum Exporting Countries (OPEC) cut production as well as listed companies’ better adaptation and resilience to COVID-19 crisis with the increase in
operating profit margin for four consecutive quarters.
SET Senior Executive Vice President Manpong Senanarong said that 727 listed firms, accounting for 96.2 percent of the total
NEW YORK Oil prices rose 1% on Thursday, bolstered by strong U.S. economic data that offset investors’ concerns about the potential for a rise in Iranian…