Bangkok: Bangchak Corporation confirmed it will maintain fuel prices until further notice and requested the public not to panic and stockpile fuel, as fuel reserves and domestic transportation systems remain operational as normal.
According to Thai News Agency, the escalating unrest in the Middle East has led to higher global crude oil and refined product prices, which may impact the energy supply chain. In response to this situation, Bangchak Corporation Public Company Limited is closely monitoring developments and coordinating with relevant government agencies to assess the impact and ensure national energy stability.
The company assured the public that it will maintain its current fuel prices until further notice. This decision considers the potential impact on the public and energy users. Bangchak is committed to carefully managing supply and costs to protect customers and society against the volatility of the energy market. Any future price adjustments will be based on cost conditions and market circumstances.
Bangchak also requested cooperation from energy users to avoid panicking or hoarding, as oil reserves and domestic transportation systems remain fully operational despite the uncertain international situation.