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Bangkok Post

Business

Diesel price set to fall by 0.5 baht per litre

Oil Offo Oil Fuel Fund

Cars line up at a PTT petrol station in Bangkok following a cut in the diesel price by 0.5 baht a litre. (Photo: Varuth Hirunyatheb)

The domestic price of diesel is slated to fall by 0.5 baht a litre next Wednesday, down from 34.44 baht a litre, as global crude oil prices keep decreasing, says the Oil Fuel Fund Office (Offo).

Despite lower crude oil prices, officials are not cutting the diesel price immediately, waiting for oil stocks to be sold, which usually takes around seven days, according to Offo.

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