PTT, Bangchak raise oil prices by 40 satang/litre


BANGKOK, 28 May 2011  – Domestic oil retailers and refineries, PTT Plc and Bangchak Petroleum Plc, have increased their retail prices of benzene products by 40 satang per litre, except for E85, which is raised by 20 satang a litre , starting from Saturday at 05.00 hrs onwards. 

The price adjustment is due to the higher price of Dubai crude in the Singapore market, which was up by 3 US dollars per barrel at close of business on 26 May 2011; therefore, the new retail oil prices at all PTT and Bangchak stations in Bangkok and its vicinities are as follows:

Benzene 91 now costs 42.44 baht per litre.

Gasohol 95 stands at 37.54 baht and Gasohol 91 at 35.04 baht per litre.

E20 is at 34.14 baht, while E85 at 22.22 baht per litre.

High-speed diesel remains at 29.99 baht per litre.

Meanwhile, Caltex, a private oil retailer in Thailand, have announced an increase in its retail prices of benzene and diesel by 40 satang per litre since Friday morning.