3rd fuel price cut this month
Play
PTT announced the third cut in fuel prices this month, effective tomorrow, as a result of falling oil prices in the aftermath of the Greek debt crisis.
Diesel pump price will be cut tomorrow by 60 satang per liltre while gasohol prices will be cut by 40 stang, except E85 (20 satang).
Coupled with the latest move, in the first 10 days of this month diesel pump prices will have been cut by Bt1.50 a litre while gasohol prices by Bt1.30 a litre.
Yesterday, refined diesel price in Singapore ended at US$65.58 a barrel while 95-octane petrol at $75.45, representing a decrease by $7.19 and $4.81 from the end of last month, respectively.
Sarun Rangkasiri, an executive of PTT, insisted in a statement that the company has promptly adjusted domestic fuel prices in line with global movements.
PTT has the biggest share in Thailand's retail oil market with over 1,300 fuel stations nationwide.
