Thailand to continue capping diesel prices – deputy PM

BANGKOK, Oct 20 (Reuters) – Thailand will continue limiting diesel prices at 30 baht ($0.8987) per litre to help consumers as global oil prices rise, its deputy prime minister said on Wednesday.

The support will be financed by the country’s oil fund and a loan, Deputy Prime Minister Supattanapong Punmeechaow, who is also energy minister, told a news conference. He did not provide a timeframe for how long the price cap will be in place.

Earlier this month, he said the price freeze would end in October.

($1 = 33.38 baht)

Reporting by Orathai Sriring and Satawasin Staporncharnchai; Editing by Martin Petty

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