Mixed effects of oil price drop in Asia

As Thailand benefits from less costs, fuel exporter and neighbour Malaysia faces decreased profit from price plunge.

    The price of crude oil is at its lowest since 2009 - dropping below 50 US dollars a barrel.

    The value plunge is beneficial to the economies of oil-importing countries like Thailand, where consumers are paying less for fuel.

    But it is bad news for neighbouring Malaysia, a key oil-exporter.

    Al Jazeera's Scott Heidler reports from Bangkok, Thailand's capital.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Many Pentecostal churches in the Niger Delta offer to deliver people from witchcraft and possession - albeit for a fee.

    Why did Bush go to war in Iraq?

    Why did Bush go to war in Iraq?

    No, it wasn't because of WMDs, democracy or Iraqi oil. The real reason is much more sinister than that.