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Oil Fund deficit under close watch after lower-than-expected revision despite LPG pressure
MONDAY, JUNE 15, 2026
Thailand’s Oil Fuel Fund deficit came in 7 billion baht lower than expected, but overall debt remains high at 58.5 billion baht
Public groups demand energy price overhaul within seven days
SATURDAY, MAY 23, 2026
Consumer groups urge Energy Ministry to reform fuel pricing, cap refining margins and cut oil prices by 7 baht per litre
Thaioil warns market risks remain despite Q1 profit rise amid oil volatility
MONDAY, MAY 11, 2026
Thaioil warns Q2 profit may weaken as oil price swings and liquidity strain follow a Q1 result boosted by temporary stock gains.
Cabinet approves THB20bn loan to shore up Oil Fuel Fund amid energy crunch
TUESDAY, APRIL 28, 2026
The Cabinet has approved a THB20 billion emergency loan for the Oil Fuel Fund Office to ease liquidity strains as the fund’s net position stays more than THB53bn in the red.
Thailand cuts diesel prices but remains mid-range in Asean
TUESDAY, APRIL 21, 2026
OR and Bangchak have cut diesel prices by THB1.20 a litre, while EPPO data shows Thailand still sits around the middle of the pack in Asean fuel prices.
Thailand may raise debt ceiling to 75% and issue emergency borrowing decree to fund crisis measures
MONDAY, APRIL 20, 2026
Government House sources say the PM has ordered a major review of the 2026 budget, with options including a six-figure-billion-baht borrowing decree and raising the public debt ceiling to 75% to fund energy support and cost-of-living measures.
Thailand eyes second refinery-margin cut as costs spike
SUNDAY, APRIL 19, 2026
The government is moving towards another cut in refinery margins after April costs surged, with pump prices expected to fall by more than 2 baht per litre if the new measure is approved.
Oil Fund cuts diesel subsidies as new fuel rates take effect
WEDNESDAY, APRIL 15, 2026
Thailand has reduced Oil Fund compensation for diesel while keeping contributions on petrol and gasohol, as revised fuel rates took effect on April 15.
Revenue agencies risk missing targets in FY2026 second half amid Middle East crisis
TUESDAY, APRIL 14, 2026
Thailand’s Finance Ministry warns revenue collection in the second half of fiscal 2026 faces mounting risks from the Middle East conflict and energy crisis, making fuel tax cuts harder to justify.
Thailand approves 2.14-baht-per-litre cut in diesel prices from April 9
WEDNESDAY, APRIL 08, 2026
The Oil Fuel Fund Management Committee has approved a 2.14-baht-per-litre cut in diesel prices, effective from April 9, 2026.