Falling global prices ease pressure on Oil Fuel Fund, which can now focus on paying down debt
A pickup is refilled at a PTT station in Bangkok. (File photo: Pornprom Satrabhaya)
Motorists will see another dip in diesel prices to around 33.50 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 reductions made since early February when the retail price of diesel was 34.94 baht.
The Platts reference price for diesel plunged to US$103 a barrel on average in February, from $133 in January, and was at $102 on Friday, said Wisak Watanasap,…
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