Oil Prices Today (May 8, 2026): Bangchak, PTT Cut Diesel/Gasoline Prices

Thansettakij•Economy•18d ago

Reader Briefing

PTT and Bangchak announce price reductions for diesel and gasoline by 85 satang per liter starting tomorrow.

•PTT and Bangchak will reduce the price of diesel and gasoline by 85 satang per liter.
•The price reduction is effective from May 9, 2026.
•The oil futures market saw a significant drop as investor concerns over Middle East conflict eased.
•The national oil fund is showing a deficit of 63 billion baht due to subsidies for domestic energy prices.

•On May 8, 2026, PTT and Bangchak announced a price reduction for diesel and gasoline.
•The price reduction for diesel and gasoline is 85 satang per liter.
•Bangchak's Benzene Gasohol 98+ will be reduced by 95 satang per liter.
•The oil futures market (WTI) dropped significantly below $96 per barrel.
•Investor concerns over the Middle East conflict eased, contributing to lower oil prices.
•The national oil fund has a deficit of 63 billion baht, reportedly due to domestic energy price subsidies.
•Prices for various diesel types are listed: Super Power Diesel (OR) at 61.25 baht/liter, Diesel (OR) at 39.95 baht/liter, Diesel B20 (OR) at 32.95 baht/liter, Hi Premium Diesel Plus (Bangchak) at 61.25 baht/liter, and Hi Diesel S (Bangchak) at 39.95 baht/liter.

Full article content is available on the original source.

Bangchak(บางจาก)ℹ️

An oil and gas company in Thailand that announced a price reduction for diesel and gasoline.

PTT(ปตท.)ℹ️

An oil and gas company in Thailand that announced a price reduction for diesel and gasoline.

Oil Fund(กองทุนน้ำมัน)

The national oil fund in Thailand, which has incurred a deficit of 63 billion baht due to energy price subsidies.

A subsidiary of PTT, listed as a provider for various diesel fuel types.