Tipco, Thailand's largest asphalt producer, once rose 12%, the biggest increase since November 2020. Anuwat Srikajornratkul, an analyst at Kaitai Securities, wrote in a report released on Monday that developments in the Venezuelan situation have triggered market speculation that Tipco may resume importing heavy crude oil from this South American country.

Tipco, Thailand's largest asphalt producer, once rose 12%, the biggest increase since November 2020. Anuwat Srikajornratkul, an analyst at Kaitai Securities, wrote in a report released on Monday that developments in the Venezuelan situation have triggered market speculation that Tipco may resume importing heavy crude oil from this South American country.