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Thailand plans diesel subsidy cuts as fund deficit could hit 100bn baht in October
Thailand plans diesel subsidy cuts as fund deficit could hit 100bn baht in October
THURSDAY, SEPTEMBER 17, 2026
Thailand’s Oil Fuel Fund Office is weighing further borrowing and gradual subsidy cuts as daily fuel support costs reach 770 million bahtThailand to widen oil sourcing, boost stocks as prices rise
Thailand to widen oil sourcing, boost stocks as prices rise
TUESDAY, SEPTEMBER 08, 2026
The Energy Ministry is pursuing more import options and larger reserves, while the Oil Fuel Fund runs a deficit of about 83.291 billion bahtThailand keeps LPG at 423 baht as oil fund deficit widens
Thailand keeps LPG at 423 baht as oil fund deficit widens
FRIDAY, AUGUST 07, 2026
Thailand keeps household LPG at 423 baht per 15kg cylinder until October 31 as higher subsidies push the Oil Fuel Fund deficit past 71.8 billion bahtOil fund faces fresh strain as global crude prices rise
Oil fund faces fresh strain as global crude prices rise
SATURDAY, JULY 18, 2026
Thailand’s Oil Fuel Fund risks deeper losses as renewed US-Iran tensions lift crude prices while the government subsidises cheaper fuelOil Fund deficit hits ฿63bn as Thailand holds energy prices
Oil Fund deficit hits ฿63bn as Thailand holds energy prices
THURSDAY, MAY 07, 2026
Thailand says domestic oil supplies cover 109 days, while the Oil Fuel Fund remains ฿63.4bn in deficit to support energy pricesOil prices drop today after fresh cuts to diesel and petrol
Oil prices drop today after fresh cuts to diesel and petrol
FRIDAY, APRIL 17, 2026
Thailand lowered retail fuel prices from April 17, with diesel down Bt1.50 a litre and petrol and gasohol reduced by Bt0.50Energy minister targets sub-THB3 power rate for small users
Energy minister targets sub-THB3 power rate for small users
SATURDAY, APRIL 11, 2026
Energy Minister Akanat Promphan pushes electricity and oil price reforms, with households using under 200 units set to pay less than THB3 per unitEnergy update: Oil nears US$100 as Thai oil fund deficit widens
Energy update: Oil nears US$100 as Thai oil fund deficit widens
FRIDAY, APRIL 10, 2026
Global oil prices are nearing US$100 a barrel again as Hormuz tensions persist, while Thailand says it has 110 days of reserves and an oil fund deficit of THB59.45 billionDiesel held at 50.54 baht as subsidy is raised again
Diesel held at 50.54 baht as subsidy is raised again
TUESDAY, APRIL 07, 2026
Thailand keeps diesel at 50.54 baht per litre on April 8 after the Oil Fuel Fund committee increased compensation for B7 and B20Thai fuel remains relatively cheaper in Asean, but Oil Fund deficit widens to 56.2bn baht
Thai fuel remains relatively cheaper in Asean, but Oil Fund deficit widens to 56.2bn baht
TUESDAY, APRIL 07, 2026
Thai fuel prices remain relatively cheaper in Asean, but the Oil Fuel Fund deficit has widened to 56.2 billion baht as diesel subsidies keep climbing