Thailand’s crude oil imports increased in January, driven by firmer refinery demand and seasonal consumption patterns at the start of the year.

Preliminary customs and energy data show that inbound shipments rose compared with the previous month, as refiners stepped up purchases to support higher operating rates.

Market participants said the increase reflected both planned refinery maintenance cycles in late 2025 and improving domestic fuel demand entering the new year.

Industry analysts noted that refiners often adjust procurement schedules at the turn of the year to secure feedstock for anticipated demand in transport and petrochemical sectors.

The uptick in imports coincided with stable regional benchmark prices and relatively favourable freight conditions, which encouraged additional cargo bookings.

Thailand relies heavily on imported crude to meet domestic refining needs, with the Middle East remaining a principal source of supply.

Traders indicated that cargo flows from Gulf producers accounted for a substantial share of January’s intake, alongside spot purchases from other Asian exporters.

Energy officials said domestic fuel consumption has shown resilience, supported by economic activity and tourism flows.

The rise in crude imports also aligns with Thailand’s broader energy security strategy, which emphasises diversified sourcing and adequate stockpiling.

While month-to-month fluctuations are common in oil trade data, analysts expect import volumes to remain responsive to refinery margins and regional price dynamics in the coming months.

The January increase suggests refiners are positioning for steady throughput as global energy markets continue to adjust to evolving supply and demand conditions.