Oil prices cut tomorrow: Diesel, gasoline down 0.70-1 baht

Thansettakij•Economy•1d ago

Reader Briefing

Bangchak and PTT will reduce prices for diesel and gasoline by 0.70 to 1 baht per liter starting tomorrow.

•On May 29, 2026, from 5:00 AM, Bangchak and PTT will implement new fuel prices. This is due to global market trends.
•The price of diesel will be reduced by 0.70 to 1 baht per liter. This is to adjust to market conditions.
•Premium diesel will see a reduction of 1 baht per liter. This is to ensure competitive pricing.
•Retail prices in Bangkok, excluding local taxes, will be affected by these price changes. This is to reflect the updated wholesale costs.
•Recent global oil market drops of over 5% have influenced these price adjustments. The WTI price fell below $89.
•Negotiations between the US and Iran are advancing, contributing to market speculation. This has led to price fluctuations.
•Tensions in the Middle East are a concern, leading to price increases in the oil market by almost 2%. This is due to geopolitical instability.
•An energy delegation visited the Samut Prakan oil depot and seized over 5.2 million liters of non-standard biodiesel. This is to ensure product quality and compliance.

Full article content is available on the original source.

Bangchak(บางจาก)ℹ️

A Thai oil company that is reducing prices for diesel and gasoline and seized non-standard biodiesel.

PTT(ปตท.)ℹ️

A Thai oil and gas company that is reducing prices for diesel and gasoline.

OR(โออาร์)ℹ️

A retail brand associated with PTT, indicating specific pricing for diesel products.

Samut Prakan(สมุทรปราการ)ℹ️

A province where an oil depot was visited and non-standard biodiesel was seized.

Bangkok(กรุงเทพฯ)ℹ️

The capital city where retail fuel prices, excluding local taxes, will be updated.