Thailand Adjusts Oil Fund Levies Effective October 16
The Oil Fuel Fund Office has announced new subsidy rates for diesel and gasohol, effective from October 16, 2026.
According to a report by Matichon Online, the Oil Fuel Fund Committee (OFFC) has finalized new adjustment rates for fuel levies in Thailand. Starting October 16, 2026, the fund will provide a subsidy of 2.25 baht per liter for diesel and 1.09 baht per liter for gasohol.
These adjustments are part of the government's ongoing efforts to manage domestic fuel price volatility through the Oil Fuel Fund. For residents and travelers in Thailand, these changes are significant as they directly influence the retail prices at service stations across the country. While the subsidy aims to stabilize costs for consumers, fuel prices remain subject to global market fluctuations and additional taxes or marketing margins that may vary by provider.
At this time, the duration for which these specific subsidy rates will remain in effect has not been publicly confirmed by the committee. Motorists are advised to monitor local fuel price boards, as retail costs may fluctuate based on these adjustments and other market factors. The Oil Fuel Fund continues to play a central role in mitigating the impact of international energy price spikes on the local economy.
