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 billion
The Energy Ministry said Thailand retail fuel prices have risen less than those in neighbouring countries, even as the Oil Fund deficit exceeded 42 billion baht and may deepen further
Thai Government Signals Post-Subsidy Fuel Hike as Middle East Conflict Strains Reserves
THURSDAY, MARCH 12, 2026
Deputy PM Phiphat Ratchakitprakarn to summon refinery executives as diesel price caps expire and the national Oil Fund faces multi-billion-baht depletion
Thailand weighs decree to back oil fund amid energy crisis
MONDAY, MARCH 09, 2026
Thailand may issue an emergency decree allowing the Finance Ministry to guarantee loans for the Oil Fuel Fund as global oil prices surge amid Middle East tensions