BANGKOK, Thailand – Thailand will maintain its diesel price ceiling at 33 baht per liter to shield consumers from high costs, despite the State Oil Fund grappling with a deficit of over 20 billion baht.
Wuttitat Tantivess, deputy director-general of the Department of Energy Business, confirmed the price freeze and noted that the government is actively rolling out three emergency measures to resolve localized fuel shortages at service stations.
To tackle these shortages and boost market liquidity, the department is adjusting its oil reserve protocols to accelerate fuel deliveries into the system. It is also relaxing mandatory reserve requirements for both crude and refined oil, allowing fuel traders to immediately release their stockpiles into the retail market.
To prevent disruptions to essential services, the agency is prioritizing dedicated fuel supplies for emergency vehicles—such as ambulances and fire trucks—as well as the agricultural sector.
Furthermore, authorities are urging motorists to use the “Fuel Now” mobile application, which provides real-time data on active petrol stations and current fuel availability. (TNA)
