Officials waiting for oil stocks to be sold
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.
This marks the second diesel price dip this month. Last week officials determined the price would decrease to 34.44 baht a litre on Feb 15, down from…
