Experts calm Thai consumer fears over rising petrol prices

Oil experts say Thai consumers should not overreact to higher retail oil prices as they are expected to fall soon when the prices for crude drop.

Manoon Siriwan, an oil expert, yesterday (May 26) told The Nation that Thai consumers should not worry much about a temporary oil price hike, as Saudi Arabia and Russia have signalled that they would increase oil production. 

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Wichit Chaitrong