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Energy
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23 Sep 07 22:34
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Retail oil prices in Thailand may continue rising
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TNA
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BANGKOK, Sept 23 - Although retail oil prices in Thailand increased by 40 satang per litre yesterday, retail prices may rise again if global oil prices do not fall, according to a senior executive at Bang Chak Petroleum Co. Ltd.
Bang Chak senior director Yodphot Wongrakmit said oil traders are still suffering losses because the slight increase in retail oil prices in Thailand did not correspond to the jump in global oil prices.
There are signs that domestic retail oil prices may have to...
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