Thailand Adjusts Oil Fund Subsidy Rates Effective November 12
The Oil Fuel Fund Office has announced new subsidy rates for diesel and B20 fuels, effective from November 12, 2026.
New Fuel Subsidy Rates Announced
According to a report by Matichon Online, the Oil Fuel Fund Executive Committee (OFFEC) has finalized new subsidy rates for fuel prices in Thailand. These adjustments are scheduled to take effect on November 12, 2026.
Impact on Fuel Prices
Under the new policy, the Oil Fuel Fund will provide a subsidy of 1.76 baht per liter for standard diesel. Additionally, the subsidy for B20 fuel has been set at 2.56 baht per liter. These measures are intended to manage domestic fuel price volatility and support consumers.
What This Means for Residents and Travelers
For those living in or traveling through Thailand, these adjustments are part of the government's ongoing efforts to stabilize energy costs. While the subsidies aim to keep diesel prices more affordable at the pump, fuel costs can still fluctuate based on global market conditions and other local taxes or levies. Residents and motorists are advised to monitor local service stations for real-time price updates.
Further Confirmation
While the subsidy rates have been officially determined by the committee, the final impact on retail prices at individual gas stations may vary depending on operational costs and market competition. Travelers should check official announcements from the Ministry of Energy for any subsequent changes to fuel pricing policies.
