The government will maintain the cap on diesel prices at 30 baht a litre using subsidies from the Oil Fund until the end of May when a 40-billion-baht loan supporting the subsidy scheme is expected to be depleted.
Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Friday the Russia-Ukraine conflict has resulted in soaring energy prices, affecting domestic retail prices of oil and liquefied natural gas (LNG).
