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News Forum - Diesel price increase hits motorists in the pocket

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Motorists were hit in the pocket once more as the price of diesel fuel increased today by 1 baht to 33 baht a litre. The latest price hike, decided by the Fuel Fund Executive Committee, will remain in place for around a week until the committee meet again on Monday to decide whether the price should be further increased. Director of the Oil Fuel Fund Office, Wisak Watanasap, said the price hike is necessary because of rising global costs, the reduction in US strategic oil reserves, and speculation that the price of crude oil will remain high next week. Crude oil […]

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Loong Collaborator

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The one-baht a litre price increase for diesel will reduce the outflow of oil subsidy from Oil Fuel Fund by about 60 million baht.

Useless info unless you know whether they are talking about per day/week/month/year.

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