Informing good news, diesel prices are prepared to drop another 50 satang, effective 24 Mar.

BANGKOK, March 17- Diesel prices are set to drop another 50 satang, effective March 24, after the cabinet extends the diesel tax cut.

Mr. Wisak Wattanasap, Director of the Oil Fund Office Announced that the Fuel Fund Executive Committee (KorPor.) has resolved to reduce the diesel price for the third round by 50 satang per liter to 33.50 baht per liter, effective at the gas station on March 24.

In order to help the cost of living of the people, the NPF has confidence in the management of the fund. At the latest, negative, lower than 100,000 million baht, because the cabinet resolved to extend the period to reduce the excise tax rate on diesel fuel by 5 baht per liter for another 2 months from May 21 to July 20, 2023, in addition to the world oil price situation. tends to decline or stays at a low level The average Singapore diesel price this month is around US$102/barrel. Decreased from the previous month, 37 US dollars/barrel.

However, the NAF asks people to continuously save energy because the world market is still highly uncertain, both from the Ukrainian war, Russia and Russia, and also join hands with Saudi Arabia. Regarding OPEC+'s efforts to balance the oil market, the two countries remained committed to the decision at last month's OPEC+ meeting. Oct. last year in reducing oil production targets by 2 million barrels per day Until the end of 2023 .-Thai News Agency

Source: Thai News Agency