Shell Thailand is predicting a price war will erupt in the local retail oil market later in the year, partly as a result of falling oil prices on the global markets. The company’s chairman, Tiraphot Vajrabhaya, was quoted by the Bangkok Post as saying that Iraqi oil exports would rise to a historical high, putting…
THAILAND: Shell warns of domestic retail price war
Posted on June 23, 2003 by EnergyAsia