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Bangkok Post
Bangkok Post
Business

Ex-refinery price of diesel cut to curb pump prices

Energy Oil Thai
(Bangkok Post file photo)

Thai energy authorities have approved a reduction of the diesel ex-refinery price by 2.40 baht a litre to curb rising domestic fuel prices as global oil prices fluctuate.

The Brent crude benchmark settled above $100 per barrel for the first time in two months on Thursday, after Houthi rebels in Yemen attacked two Saudi oil tankers in the Red Sea, as the conflict between the US, Israel and Iran intensifies.

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