BANGKOK — The Thai government will allow retail fuel prices to rise gradually from Wednesday while maintaining heavy subsidies on standard diesel to cushion the impact on consumers, Deputy Prime Minister and Transport Minister Phiphat Ratchakitprakarn announced at Government House on Tuesday morning. Energy Minister: No Fuel Crisis for Thailand Despite Mideast War The minister […]
BANGKOK — Fuel prices across Thailand surged by six baht per litre on Thursday morning, marking the second increase in three days as the government abandoned costly subsidy programs in response to spiraling global oil prices driven by Middle East tensions. Thai Oil Crisis Eases After Government Intervention The price hike, effective from 5am, applies […]
BANGKOK — Diesel prices in Thailand rose again on April 3 after the Oil Fuel Fund committee reduced subsidies for a second consecutive day, pushing retail costs higher and leading to increases in public transport fares just ahead of the Songkran holiday period. Thailand Raises Diesel Price by Another 3.50 Baht per Liter The subsidy […]
BANGKOK — Fuel supplies will remain adequate throughout the Songkran holiday period, while retail oil prices were set to fall from Saturday after the Oil Fuel Fund Executive Committee approved cuts to levy rates, Energy Minister Akanat Promphan announced. Refining Margins to Be Lowered, Diesel Set to Drop by 2.14 Baht Speaking on Saturday, Akanat […]
BANGKOK — The National Energy Policy Committee has resolved to cut ex-refinery prices of refined oil products from six domestic refiners by five baht per litre, a significant increase from the previously planned two-baht reduction, in a bold move aimed at reining in what authorities have described as excessive industry profits, Thai PBS World reported. […]
BANGKOK, Thailand — Fuel prices in Thailand have surged for a second consecutive day, driven by escalating geopolitical conflicts in the Middle East and severe disruptions to global maritime shipping routes. The cumulative two-day increase has added 1.75 baht per litre to pump prices, prompting the Fuel Fund Executive Committee to implement urgent adjustments to […]