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Thailand eyes second refinery-margin cut as costs spike
Thailand eyes second refinery-margin cut as costs spike
SUNDAY, APRIL 19, 2026
The government is moving towards another cut in refinery margins after April costs surged, with pump prices expected to fall by more than 2 baht per litre if the new measure is approved.Bangchak’s 700,000-barrel crude shipment arrives safely
Bangchak’s 700,000-barrel crude shipment arrives safely
WEDNESDAY, APRIL 08, 2026
A crude tanker carrying Middle East oil has arrived safely at Bangchak Sriracha, with the company saying refinery supply plans and reserves remain stableGovernment orders first-ever refinery price cut in diesel move
Government orders first-ever refinery price cut in diesel move
TUESDAY, APRIL 07, 2026
Thailand has for the first time used legal powers to force all six refineries to cut ex-refinery diesel prices by 2 baht per litre to curb excess margins.1973 fuel decree looms as government weighs refinery powers
1973 fuel decree looms as government weighs refinery powers
TUESDAY, APRIL 07, 2026
The government is weighing use of a 1973 emergency fuel law that would let the prime minister intervene directly if refinery talks fail to ease the oil price squeeze.Inside PTT’s fuel crisis playbook: boost refinery output, prioritise pumps and cap jobber prices
Inside PTT’s fuel crisis playbook: boost refinery output, prioritise pumps and cap jobber prices
WEDNESDAY, MARCH 18, 2026
Thailand’s refined-fuel supply chain runs from refineries to retailers and jobbers, with taxes and pricing mechanisms shaping costs at every step. PTT says it is lifting refinery output, prioritising service stations and capping jobber sales to stabilise supply during the crisis.Refiners’ group says Thailand has enough oil, outlines four strategies to manage energy shock
Refiners’ group says Thailand has enough oil, outlines four strategies to manage energy shock
SATURDAY, MARCH 14, 2026
The Petroleum Refining Industry Club under the FTI says Thailand’s fuel supply remains secure despite global price volatility linked to Middle East unrest, citing adequate stockpiles, contingency shipping plans, continued crude procurement, and close co-ordination with the government.Thai refiners explain why a rising GRM does not equal net profit
Thai refiners explain why a rising GRM does not equal net profit
FRIDAY, MARCH 13, 2026
Thai refiners say rising market GRM does not reflect actual earnings, as operators face hidden costs and keep producing to secure domestic fuel supplyThailand clears refiners over margin surge, says prices remain market-driven
Thailand clears refiners over margin surge, says prices remain market-driven
FRIDAY, MARCH 13, 2026
The Department of Energy Business says the recent rise in refinery margins is a normal market mechanism after talks with refiners, adding that it does not directly affect pump prices.PTT Launches Major Restructuring Programme Targeting 110,000 Million Baht Cash Generation
PTT Launches Major Restructuring Programme Targeting 110,000 Million Baht Cash Generation
WEDNESDAY, AUGUST 20, 2025
PTT Unveils Comprehensive Restructuring Strategy to Navigate Economic Headwinds
Energy giant targets 10,000 million baht in cost savings whilst accelerating EV charging network expansion and Eastern CCS Hub development