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Energy

Thai oil refiners under heat as Bangkok seeks profit-sharing

Government wants refineries to contribute to consumer subsidies as inflation bites

Thai oil refiners are being asked by the government to share their profits.   © Reuters

BANGKOK -- Shares in six major Thai oil refiners are still under pressure days after the government said it was in talks with them for a profit-sharing system to help boost the State Oil Fund so that it can continue to provide subsidies to consumers at a time of spiraling inflation.

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