Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Thailand Energy / Thematic (Sector/Industry)

<ul><li>OPEC+ agreed to increase oil production by 0.188mbd starting in July, marking the fourth consecutive monthly output hike (April: 0.137mbd; May–June: 0.188mbd, excluding the UAE's production share following its withdrawal from the group on May 1).</li><li>The EIA expects the oil market to remain tight in 2Q–3Q26E before gradually normalizing in 4Q26E.</li><li>Oil-linked stocks continue to face headwinds as crude oil prices have likely passed their peak in March and entered a downtrend.</li></ul>

OPEC+ agreed to increase oil production by 0.188mbd starting in July, marking the fourth consecutive monthly output hike (April: 0.137mbd; May–June: 0.188mbd, excluding the UAE's production share following its withdrawal from the group on May 1).The EIA expects the oil market to remain tight in 2Q–3Q26E before gradually normalizing in 4Q26E.Oil-linked stocks continue to face headwinds as crude oil prices have likely passed their peak in March and entered a downtrend.

Energy (Oil): OPEC+ Approves A 0.188mbd Oil Production Increase Starting In July - Neutral