Anutin Orders Oil Price Drop

Khaosod•Politics•14d ago

Reader Briefing

Prime Minister Anutin Charnvirakul has instructed Energy Minister Ekanat Phomphan to immediately reduce domestic retail fuel prices to alleviate the cost of living and business expenses.

•Prime Minister Anutin Charnvirakul ordered a prompt and significant reduction in domestic retail fuel prices.
•The directive aims to ease the burden of living costs and operational expenses for businesses.
•The decision follows a drop and stabilization of global oil prices.

Overview

•Prime Minister Anutin Charnvirakul ordered. Minister of Energy Ekanat Phomphan to find ways to reduce retail oil prices.
•The directive was issued because global oil prices have decreased and stabilized, necessitating a price adjustment in Thailand.
•Anutin Charnvirakul instructed. Ekanat Phomphan to lower prices immediately and substantially, not with gradual adjustments.
•The reduction in fuel prices is intended to lower the cost of living for citizens and reduce expenses for businesses.
•The Prime Minister noted that when global prices rose, the public was asked to accept increases, implying a reciprocal action is now due.
•Anutin Charnvirakul mentioned. that Deputy Prime Minister and Commerce Minister Supachai Phasuaphon is responsible for food prices.
•Anutin Charnvirakul affirmed. that continuous policies such as the 'Thong Fa' (Blue Flag) price stabilization schemes and quality of life initiatives will proceed.
•The directive was given at 12:45 PM on July 7, 2026, at the Government House.

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Key Quotes

Anutin Charnvirakul

"When global prices rose, we asked the public to accept increases. Now that global oil prices have fallen, we don't need to ask the public for price reductions. Just lower them immediately and substantially, not gradually adjust."

เราก็ไปขอประชาชนขึ้น ตอนนี้ราคาน้ำมันในตลาดโลกลงแล้ว เราก็ไม่ต้องไปขอประชาชนในการลดราคาลง ก็ลงให้เขาไปเลย ลงทันที และลงให้เป็นเรื่องเป็นราว ไม่ใช่ค่อยๆ ปรับลง

Key Entities

Person

Anutin(อนุทิน)ℹ️

Prime Minister and Minister of Interior who ordered the reduction of domestic retail fuel prices.

Ekanat(เอกนัฏ)

Minister of Energy instructed by the Prime Minister to reduce domestic retail fuel prices.

Supachai(ศุภจี)

Deputy Prime Minister and Minister of Commerce responsible for food prices.

Place

Government House(ทำเนียบรัฐบาล)ℹ️

Location where Prime Minister Anutin Charnvirakul made the announcement.

Organization

Fuel Fund Committee (FFC)(คณะกรรมการบริหารกองทุนน้ำมันเชื้อเพลิง (กบน.))

Committee within the Ministry of Energy that has mechanisms for discussing and setting fuel prices.