Thailand Oil Fund Adjusts Levy and Subsidy Rates Effective October 28

According to a report by Matichon Online, the Oil Fuel Fund Office has officially adjusted its contribution and subsidy rates for various fuel types, effective October 28, 2026. Under the new structure, the fund will collect a levy of 4.97 baht per liter on gasoline. Conversely, the fund will provide a subsidy of up to 5.86 baht per liter for B20 diesel.

For residents and travelers in Thailand, these adjustments are significant as they directly influence fuel retail prices at service stations across the country. The Oil Fuel Fund serves as a mechanism to stabilize domestic energy costs, and changes to these rates are frequently used to mitigate the impact of global oil market volatility on local consumers.

While these rates are now in effect, the long-term duration of these specific subsidy levels remains to be confirmed. The Oil Fuel Fund Office periodically reviews these figures based on international market conditions and the overall financial health of the fund. Motorists are advised to monitor local fuel price boards, as retail stations will adjust their pump prices to reflect these changes in the fund's contribution requirements. Further updates regarding potential future adjustments will depend on the ongoing assessment of global energy trends by the relevant authorities.