Thailand Adjusts Oil Fund Subsidies for Diesel Prices
The Oil Fuel Fund Office has announced new subsidy rates for diesel and B20 fuel, effective October 25, 2026.
According to a report by Matichon Online, the Oil Fuel Fund Executive Committee (OFFC) has officially adjusted the subsidy rates for diesel fuel. As of October 25, 2026, the subsidy for standard diesel is set at 3.20 baht per liter, while the subsidy for B20 fuel has been adjusted to 8.32 baht per liter.
For residents and travelers in Thailand, these adjustments are significant as they directly influence fuel costs at the pump. The Oil Fuel Fund is a mechanism used by the Thai government to stabilize domestic retail prices against fluctuations in the global oil market. By adjusting these subsidy levels, the committee aims to manage the retail price burden on consumers and logistics sectors.
While these rates are now in effect, it remains to be confirmed how long these specific subsidy levels will be maintained. Market participants and motorists should monitor local fuel stations for updated pricing, as the actual retail price at the pump may vary based on additional factors such as marketing margins and local taxes. The government has not yet indicated if further adjustments to the fund's structure will be necessary in the coming months to address ongoing global energy price volatility.
