Fuel Prices Cut by 2.5 Baht Per Liter for Gasoline and Diesel.

Thairath•Politics•18d ago

Reader Briefing

Thai Minister of Energy announces a significant reduction in gasoline and diesel prices by 2.5 baht per liter to ease public financial burdens.

•Minister of Energy Ekanat Promphan announced a price reduction for all types of gasoline and diesel by 2.5 baht per liter.
•The decision was made through a resolution by the Energy Policy Administration Committee (EGPC) to cap retail prices.
•The price cut aims to reduce the burden on the public and operators, influenced by falling global crude oil prices.

•On July 7, 2026, the Energy Policy Administration Committee (EGPC) convened.
•Minister of Energy Ekanat Promphan announced the price reduction for gasoline and diesel.
•The EGPC approved a resolution to set retail fuel prices below 35.00 Baht per liter.
•The price decrease is intended to mitigate the cost of living for the public.
•The EGPC is using its authority under the Fuel Oil Shortage Prevention and Mitigation Decree B.E. 1973 and Prime Minister's Order No. 15/2019.
•Gasoline and gasohol prices will decrease by approximately 2.51 Baht per liter.
•Fast diesel prices will decrease by approximately 2.56 Baht per liter.
•The retail price of fast diesel will be set at 34.94 Baht per liter.

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Ekanat Promphan

"“Ekanat” Minister of Energy slams prices “Gasoline-Diesel of all types down 2.5 Baht” through EGPC resolution."

“เอกนัฏ” รมว.พลังงาน ทุบราคา “เบนซิน-ดีเซลทุกชนิดลง 2.5 บาท” ผ่านมติ กบง.

Ekanat(เอกนัฏ)

The Minister of Energy and Chairman of the Energy Policy Administration Committee who announced a fuel price reduction.

Minister of Energy(รมว.พลังงาน)

The ministerial position held by Ekanat Promphan, responsible for energy policy.

Anutin Charnvirakul(นายอนุทิน ชาญวีรกูล)

The Prime Minister of Thailand who gave a directive to the Ministry of Energy regarding fuel price adjustments.

Prime Minister(นายกรัฐมนตรี)

The head of government who tasked the Ministry of Energy with lowering fuel prices.

Gasoline and Diesel of all types(เบนซิน-ดีเซลทุกชนิด)

The categories of fuel prices that were reduced by the Ministry of Energy.

Gasohol(น้ำมันแก๊สโซฮอล์)

A type of fuel whose retail price will be capped and reduced.

Fast Diesel(น้ำมันดีเซลหมุนเร็ว)

A type of diesel fuel whose retail price will be capped and reduced.

Energy Policy Administration Committee (EGPC)(กบง.)

The committee that approved the resolution to reduce fuel prices.

Cabinet(คณะรัฐมนตรี)

The state body from which the Prime Minister's directive originated.

Ministry of Energy(กระทรวงพลังงาน)

The government ministry tasked with finding ways to reduce retail fuel prices.

Fuel Fund Committee (FFC)(คณะกรรมการบริหารกองทุนน้ำมันเชื้อเพลิง)

The committee responsible for determining contributions to or subsidies from the oil fund to maintain price stability.

Oil Fund(กองทุนน้ำมันเชื้อเพลิง)

The government fund used to compensate for fuel price differences and ensure price stability.

Fuel Oil Shortage Prevention and Mitigation Decree B.E. 1973(พระราชกำหนดแก้ไขและป้องกันภาวะการขาดแคลนน้ำมันเชื้อเพลิง พ.ศ. 1973)

The legal framework under which the EGPC exercises its authority to adjust fuel prices.

Prime Minister's Order No. 15/2019(คำสั่งนายกรัฐมนตรีที่ 15/2019)

A specific order by the Prime Minister that grants the EGPC authority to implement fuel shortage measures.