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In an early trading session in Asia, the global benchmark Brent Crude dropped $0.77 a barrel or 1.87% to $40.43 per barrel. Meanwhile, the West Texas Intermediate crude dropped $0.92 a barrel or 2.32% to $38.65 a barrel. The drop in oil prices was due to concerns over lacking demand amid rising coronavirus cases that could send some areas back to a lockdown.
Asia markets mostly rose on Monday, following a higher finish on Wall Street Friday amid optimism over planned trade talks between the United States and China. There was a report that China and U.S. negotiators are working on a plan to end a trade dispute that would result in meetings between President Donald Trump and Chinese leader Xi Jinping in November.
On January 9, 2020, BSP and BSD entered into Utility Development Agreements with One Bangkok Company Limited to sell electricity with installed capacity of approximately 240 megawatts and chilled water with installed capacity of approximately 36,000 refrigeration tons to One Bangkok Project for 30 years, with project cost of approximately 3,570 million baht.
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