Economy
Thailand Increases Retail Diesel Prices by 0.75 Baht per Liter
The Oil Fuel Fund Office has decided to reduce subsidies on diesel, resulting in a retail price hike to 41.44 baht per liter.
According to a report by Matichon Online on September 23, 2026, the Oil Fuel Fund Office (OFFO) has officially resolved to reduce the compensation subsidy for diesel fuel. This policy adjustment has led to an immediate increase in the retail price of diesel at service stations across Thailand, with the price rising by 0.75 baht per liter.
Following this decision, the retail price for diesel has been adjusted to 41.44 baht per liter. This change is part of the government's ongoing management of the Oil Fuel Fund, which aims to balance domestic energy prices against global market fluctuations.
For residents and travelers in Thailand, this price adjustment may lead to increased transportation costs, as diesel is a primary fuel for logistics, public buses, and commercial vehicles. While the immediate price at the pump is now set at 41.44 baht, it remains to be seen how this increase will impact the broader cost of goods and services that rely on diesel-powered transport. Further updates regarding the Oil Fuel Fund's future subsidy policies have not yet been announced, and consumers are advised to monitor local fuel station displays for the most current pricing.