Kaohoon Morning Brief – 23 May 2022

1) Oil prices climb amid rising demand hopes

Oil prices edged higher in the morning session on Monday amid rising fuel demand in the U.S., tight supply and slightly depreciated dollars. Meanwhile, Shanghai is preparing to reopen after a two-month lockdown to curb the resurgence Covid-19 outbreak in the city that raised concerns for investors in the last few months. 

The international benchmark Brent crude rose 82 cents to $113.37 a barrel, while West Texas Intermediate rose 69 cents to $110.97 a barrel.


2) Chadchart Sittipunt will be the next Bangkok governor

The unofficial tally on May 22, 2022, showed that Chadchart Sittipunt, an independent candidate, had won the election for Bangkok governor. The official announcement will be made within seven days by the Election Commission if no petition is raised.


3) WHO discovers around 100 cases of monkeypox in 12 countries

The World Health Organization (WHO) made a report on the monkeypox outbreak, stating that as of Saturday it had confirmed about 92 cases and 28 suspected cases of monkeypox in 12 countries worldwide where the disease is not typically found.

“WHO is working with the affected countries and others to expand disease surveillance to find and support people who may be affected, and to provide guidance on how to manage the disease,” the agency said.]