Thailand Announces Fuel Price Reductions Effective November 11
The Oil Fuel Fund Office has approved a decrease in retail prices for gasoline and diesel, citing a decline in global oil market rates.
On November 10, 2026, the Oil Fuel Fund Office (OFFO) of Thailand announced a reduction in retail fuel prices, effective from November 11, 2026. According to Khaosod Online, the decision follows a downward trend in global oil prices, attributed to eased geopolitical tensions between the United States and Iran, which has improved oil transport stability. As of November 10, global diesel prices dropped to approximately 149 USD per barrel, while gasoline fell to 103 USD per barrel, down from 162 and 111 USD respectively on November 6. The price adjustment includes a 0.50 baht reduction for most gasoline types, excluding E85, and a 1 baht reduction for standard high-speed diesel, excluding B20. For residents and travellers, this change may lead to lower transportation costs across the country. While the price reduction is confirmed for the specified fuel categories, motorists should verify the exact pump prices at local stations, as specific fuel types like E85 and B20 remain unaffected by this policy. The long-term impact on domestic travel expenses will depend on the continued volatility of global energy markets.
