Thailand’s fuel consumption rises despite diesel usage drop, reveals report

The Department of Energy Business in Thailand has revealed a 2.3% rise in the country’s fuel consumption to 155 million litres per day (MLD) in the first eight months of the year. This comes despite a decrease in diesel usage by 3.9% to 70 MLD, attributed to escalating prices.

A shift in domestic diesel consumption is anticipated in October, following the Cabinet’s decision to reduce the diesel price to below 30 baht per litre from 31.9 baht, shared an anonymous department source.

This move necessitates a decrease in the diesel excise tax and an adjustment in the marketing margin of diesel sales by oil retailers. The diesel price adjustment came into effect on September 20.

The department’s report further disclosed an increased demand for fuel consumption and other key fuels between January and August.

Consumption of gasoline and gasohol, a…