Fuel Prices to Drop Tomorrow by 0.85 Baht/Liter

MGR Online•Economy•18d ago

Reader Briefing

Fuel prices across Thailand will be reduced by 0.85 baht per liter starting tomorrow, May 8, 2026, reflecting global market trends.

•The Fuel Fund Committee (กบน.) approved a 0.85 baht/liter price reduction for all fuel types.
•This price cut is effective from May 8, 2026, due to declining global oil prices.
•The committee's decision aims to ease the cost of living for the public and improve the fund's liquidity.

•On May 7, 2026, the Fuel Fund Committee (กบน.) met to discuss fuel prices.
•The Fuel Fund Committee (กบน.) resolved to reduce retail fuel prices by 0.85 baht per liter.
•The price reduction is in response to the weakening global oil market trend.
•Global oil prices decreased due to investor relief over the US-Iran conflict and the reopening of the Strait of Hormuz shipping route.
•On May 7, 2026, diesel closed at approximately 149 USD/barrel and gasoline at 128 USD/barrel internationally.
•On April 30, 2026, international diesel prices closed at approximately 179 USD/barrel and gasoline at 138 USD/barrel.
•This adjustment will help reduce the cost of living for the public.
•The Fuel Fund Committee (กบ.) aims to improve the fund's liquidity through this price adjustment.

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Fuel Fund Committee(กบน.)

The committee responsible for managing Thailand's fuel funds and setting fuel prices.

United States(สหรัฐฯ)ℹ️

A geopolitical entity involved in international relations affecting global oil markets.

Iran(อิหร่าน)ℹ️

A geopolitical entity involved in international relations affecting global oil markets.