Showing 1 - 10 of 12
Authorities consider adjusting diesel ceiling price
Business, Yuthana Praiwan, Published on 15/07/2025
» Energy authorities are considering adjusting the ceiling price of diesel at the pump, which has remained unchanged for years despite changes in economic circumstances, says the Oil Fuel Fund Office (Offo).
Opec production increase expected to keep oil prices low
Business, Yuthana Praiwan, Published on 08/07/2025
» Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.
PTT Oil and Retail Business says Cambodian oil ban will not affect firm
Business, Yuthana Praiwan, Published on 24/06/2025
» SET-listed PTT Oil and Retail Business (OR) does not expect Cambodia's ban on energy imports from Thailand to seriously affect its trade through 186 petrol stations in Cambodia.
Domestic oil prices in focus in talks with PM
Business, Yuthana Praiwan, Published on 19/06/2025
» The Energy Ministry is working to allay concerns over the impact of the Israel-Iran war, pledging that authorities will continue to cap fuel prices, though this may require cutting the oil excise tax.
Diesel price stays at B32 per litre
Business, Yuthana Praiwan, Published on 18/06/2025
» The domestic diesel price in Thailand will remain unchanged at 32 baht a litre, even though the Israel-Iran conflict has pushed up world oil prices, the Oil Fuel Fund Office (Offo) said on Tuesday.
Oil prices to fall amid calmer Middle East
Business, Yuthana Praiwan, Published on 04/03/2025
» Global prices of crude oil, together with prices of key oil and petrochemical products, are likely to fall in the first quarter and throughout the first half amid fewer geopolitical conflicts in the Middle East, says Thai Oil Plc, Thailand's largest oil refinery by volume.
Fuel fund vows to keep diesel prices low
Business, Yuthana Praiwan, Published on 01/11/2024
» The Oil Fuel Fund Office (Offo) will continue to keep domestic diesel prices at less than 33 baht per litre after the current subsidy scheme ended on Thursday, as its financial status has improved following a drop in global oil prices.
Oil price could hammer indebted fuel fund
Business, Yuthana Praiwan, Published on 07/10/2024
» Escalating tensions between Israel and Iran are expected to drive up global crude oil prices, affecting the Oil Fuel Fund Office's (Offo) debt repayment plan, says an official at the Energy Ministry.
Enhancing the nation's oil security
Business, Yuthana Praiwan, Published on 18/07/2024
» Subsidising domestic oil prices through the state's rapidly dwindling Oil Fuel Fund is not the only way to deal with the fluctuations in global crude prices.
Thai Oil expects crude price to stabilise
Business, Yuthana Praiwan, Published on 11/06/2024
» Global crude oil prices in the second half of 2024 should be roughly similar to last year as oil supply will increase and geopolitical conflicts in the Middle East are expected to remain simmering, says Thai Oil Plc, the country's largest oil refinery by capacity.