thailandedition
PTT-Bangchak Slash Fuel Prices by 0.85 Baht/Litre Tomorrow, May 8

PTT-Bangchak Slash Fuel Prices by 0.85 Baht/Litre Tomorrow, May 8

Thairath•Society•18d ago

Reader Briefing

PTT and Bangchak announce a 0.85 Baht per litre price cut for diesel and gasoline, effective May 8, 2026, to reflect global market trends.

  • •PTT and Bangchak are reducing the price of diesel and gasoline by 0.85 Baht per litre.
  • •The price reduction will take effect at 5 AM on May 8, 2026.
  • •The decision is attributed to falling global oil prices, easing concerns over US-Iran conflict, and geopolitical stability.
  • •This follows an approval from the Oil Fund Management Committee to adjust retail fuel prices.

Overview

  • •On May 8, 2026, PTT Station and Bangchak Petroleum will implement a fuel price reduction.
  • •PTT Station and Bangchak Petroleum announced a price cut of 0.85 Baht per litre for all fuel types.
  • •The price reduction for diesel and gasoline is 0.85 Baht per litre.
  • •The reduction is made to reflect the global market price which is showing a downward trend.
  • •Falling global oil prices are due to investors easing concerns over the US-Iran conflict situation.
  • •The Oil Fund Management Committee (กบน.) approved the adjustment of retail fuel prices.
  • •New fuel prices will be in effect from 5 AM on May 8, 2026.
  • •Consumers using diesel and gasoline will benefit from lower prices at the pump starting May 8, 2026.

Full article content is available on the original source.

Read on Thairath (Thai Version)Read on Thairath (English Version)

Source: Thairath (Original)

Key Entities

Organization

PTT(ปตท.)ℹ️
A major Thai energy company that announced a reduction in fuel prices.
Bangchak(บางจาก)ℹ️
A Thai petroleum company that announced a reduction in fuel prices alongside PTT.
Oil Fund Management Committee (กบน.)(คณะกรรมการบริหารกองทุนน้ำมันเชื้อเพลิง (กบน.))
A committee that approved the adjustment of retail fuel prices in Thailand.
PTT Station(พีทีที สเตชั่น)
A subsidiary or brand of PTT that announced fuel price changes.
Bangchak Petroleum PCL(บมจ.บางจากปิโตรเลียม)
The publicly listed entity for Bangchak, announcing fuel price adjustments.