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Diesel to dip to 33.5 baht a litre next week

A pickup refuels at a PTT station in Bangkok. (File photo: Pornprom Satrabhaya)

Motorists will see another dip in diesel prices to around 33.5 baht a litre next week, down from 33.94 baht, partly attributed to falling global crude oil prices, says the Oil Fuel Fund Office (Offo).

The new price, scheduled to take effect on March 24, is the third in a series of deductions made since early February when the retail price of diesel was 34.94 baht a litre.

Diesel under Platts reference prices plunged to US$103 a barrel on average in February, down from $133 in January, and declined to $102 on Friday, said Wisak Watanasap, director of the Offo.  

Another factor keeping the domestic diesel price at low levels is the waiver of the…

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