Brent crude breaks above 100 dollars, boosting energy and refinery stocks

CommodityGeopolitics Impact 4
โดย HoonVision·Read original
Summary · why it matters

Kasikorn Securities notes that Brent crude prices surged past 100 dollars per barrel after President Donald Trump threatened to escalate strikes on Iran and deliver a massive response if the Houthis attack ships in the Red Sea again. Meanwhile, the Houthis attacked two Saudi Arabian oil tankers, widening the conflict and heightening risks to global energy shipping routes. Both the US and Iran still show no willingness to return to negotiations. Analysts view this as positive for energy and refinery stocks such as PTTEP, PTT, TOP, SPRC, and BCP, given elevated oil prices and refining margins, but negative for energy-intensive stocks and the broader market due to inflation and higher interest-rate risks.

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