Thailand Announces Price Reductions for B20 and E20 Fuels
The Oil Fuel Fund Office (OFFO) has lowered the prices of B20 and E20 fuels to 33.50 baht per liter following a cabinet decision to adjust tax rates.
According to a report from Thai Post on October 27, 2026, the Oil Fuel Fund Office (OFFO) has officially announced a price reduction for B20 and E20 fuels, setting the new rate at 33.50 baht per liter. This adjustment follows a recent cabinet resolution to modify tax structures, aimed at providing economic relief to the public.
This price reduction makes B20 and E20 significantly more affordable, costing approximately 8 to 10 baht less per liter than Diesel B7 and Gasohol 95. The initiative is designed to bring fuel costs closer to pre-crisis levels, thereby easing the cost of living for residents and commuters. Furthermore, the government intends for this policy to support the income of local farmers who produce palm oil, sugarcane, and cassava, which are key components in these biofuel blends.
For residents and travelers in Thailand, this change may lead to lower transportation costs and reduced fuel expenses for those using compatible vehicles. While the price reduction is now in effect, it remains to be seen how long these tax-adjusted rates will be maintained and whether they will influence broader market fuel prices in the coming months. Motorists are advised to verify their vehicle's compatibility with B20 or E20 fuel before refueling.
