Diesel Prices to Drop by 2 Baht Per Liter Amidst Global Fuel Supply Uncertainty

Bangkok: The Royal Gazette has announced a significant reduction in the ex-refinery price of diesel, with a decrease of 2 baht per liter set to take effect tomorrow. This decision comes amid ongoing global tensions that have disrupted fuel supply chains.

According to Thai News Agency, the Energy Policy Administration Commission has taken this step in response to the ongoing conflict in the Middle East involving the United States, Israel, and Iran. The conflict has caused significant volatility in both crude and refined oil prices, impacting domestic fuel costs and escalating living expenses for citizens and business operations alike.

In its meeting on April 7, 2026, identified as meeting No. 2/2026, the Energy Policy Administration Board resolved to implement the reduction in refinery prices for diesel. This decision was made under the authority granted by the Fuel Shortage Prevention and Remediation Act B.E. 2516 and the Prime Minister's Order No. 15/2019 on Measures to Resolve and Prevent Fuel Shortages.

The announcement details that the refinery price for various diesel types, including B0 rapid-rotating diesel, regular diesel B7, and B20 rapid-rotating diesel, will each see a decrease of 2.00 baht per liter. The new pricing structure is intended to mitigate potential fuel shortages and stabilize the domestic market.

The change is set to be effective from the day following the announcement's publication in the Royal Gazette, with Wattanapong Kurovat, Director of the Office of Energy Policy and Planning, overseeing the implementation.