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Bangkok Post

Business

PTT sees chance of oil prices cooling

PTT Russia Iran Ukraine PTT Plc United States

PTT's headquarters on Vibhavadi Rangsit Road. PTT on Tuesday announced it plans to allocate a five-year investment budget worth 940 billion for companies under its umbrella during 2022 to 2026.

National oil and gas conglomerate PTT Plc still sees a chance of global oil prices cooling down if the Russia-Ukraine clash is not protracted and Iran can export more oil.

The situation will get better if talks between Russia and Ukraine in Belarus pave the way for a peaceful solution.

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