Oil Prices Drop (May 29, 2026): Bangchak, PTT cut Diesel, Gas 0.70-1 Baht

Thansettakij•Economy•1d ago

Reader Briefing

Major fuel retailers Bangchak and PTT are lowering prices for diesel and gasoline on May 29, 2026, with a reduction of 0.70 to 1 baht per liter.

•On May 29, 2026, PTT and Bangchak announced a reduction in diesel and gasoline prices.
•The price of premium diesel was reduced by 1 baht per liter, resulting in a price of 59.25 baht.
•Diesel prices are set at 41.20 baht per liter (OR) and 41.20 baht per liter (Bangchak), due to the announced reduction.
•Diesel B20 prices are set at 35.20 baht per liter (OR) and 35.20 baht per liter (Bangchak), as part of the price adjustment.
•The Ministry of Energy seized over 5.2 million liters of substandard biodiesel in Samut Prakan, impacting fuel quality.
•Global oil prices have risen nearly 2% due to rising tensions in the Middle East, prompting domestic price adjustments.
•'Akanat' has established a committee to address the global oil crisis and study alternative energy sources.

Full article content is available on the original source.

Bangchak(บางจาก)ℹ️

A fuel retailer in Thailand that is reducing diesel and gasoline prices.

PTT(ปตท.)ℹ️

A state-owned oil and gas company in Thailand that is reducing diesel and gasoline prices.

OR(โออาร์)ℹ️

A retail fuel brand associated with PTT, for which specific diesel prices are listed.

Akanat(เอกนัฏ)

An individual who has established a committee to manage the global oil crisis and explore alternative energy.

Bangkok(กรุงเทพฯ)ℹ️

The location for which retail fuel prices are being reported, excluding local taxes.

Samut Prakan(สมุทรปราการ)ℹ️

The province where over 5.2 million liters of substandard biodiesel were seized by the Ministry of Energy.