Bangkok: The Energy Policy and Planning Office (EPPO) has announced an increase in diesel subsidies following the conclusion of the period during which diesel refining margins were reduced to help manage fuel prices. Retail fuel prices in Thailand remained stable today, as the Fuel Fund stepped in to absorb additional costs by offering increased diesel subsidies.
According to Thai News Agency, a resolution by the Energy Policy Administration Committee (EPAC) on April 23, 2026, allocated approximately 10 billion baht of excess refining profits to offset the Oil Fund's debt, which has surpassed 63 billion baht, and to lower diesel prices at gas stations. This initiative included a reduction of the diesel refining margin by 5 baht per liter from April 24 to May 9, and by 3 baht per liter from May 10 to May 19.
Subsequently, the Energy Policy Committee (EPC) did not extend the refining margin reduction period. However, gasoline prices at gas stations remained unchanged. The Fuel Fund Management Committee (FFMC) declared that starting today, the fund will be utilized to manage gasoline prices.
The subsidy for B7 diesel has increased by 3.16 baht, raising it from 1.65 baht to 4.81 baht per liter. Meanwhile, the gasoline contribution to the fund was reduced by 0.06 baht, from 9.52 baht to 9.46 baht. The contribution to the fund for Gasohol 95/91 was reduced by 0.03 baht, from 2.39 baht to 2.36 baht. Additionally, the subsidy for E20 gasohol was decreased by 0.10 baht, from 2.60 baht to 2.50 baht. Conversely, the contribution to the fund for E85 gasoline increased by 0.58 baht, from 2.42 baht to 3.00 baht.