Thailand Adjusts Oil Fund Subsidies for Diesel and B20
The Oil Fuel Fund Office has announced new subsidy rates for diesel and B20 fuel, effective November 1, 2026.
According to a report from Matichon Online, the Oil Fuel Fund Committee (OFFC) has finalized new subsidy rates for diesel and B20 fuel. Starting November 1, 2026, the fund will provide a subsidy of 3.90 baht per liter for standard diesel and 5.82 baht per liter for B20 fuel. These adjustments are part of the government's ongoing efforts to manage domestic fuel prices through the Oil Fuel Fund. For residents and travelers in Thailand, these changes are significant as they directly influence fuel costs at the pump, which can impact transportation expenses and the overall cost of living. While these rates are set to take effect on the specified date, the long-term sustainability of these subsidies depends on global oil market fluctuations and the financial health of the Oil Fuel Fund itself. Further updates regarding fuel price adjustments or changes to the subsidy structure will be determined by the committee based on prevailing economic conditions. Residents are encouraged to monitor local news for any subsequent adjustments to retail fuel prices following this policy implementation.
