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Oil Fuel Fund risks Bt100bn deficit as Red Sea crisis deepens
Oil Fuel Fund risks Bt100bn deficit as Red Sea crisis deepens
THURSDAY, JULY 23, 2026
Houthi attacks on Saudi tankers threaten a key Red Sea oil route as Thailand’s Oil Fuel Fund spends Bt651 million a day cushioning higher fuel costs.Fuel committee raises pump prices by 90 satang from July 23
Fuel committee raises pump prices by 90 satang from July 23
WEDNESDAY, JULY 22, 2026
Petrol, gasohol and diesel prices rose across Thailand on July 23 as Middle East tensions drove up global oil and shipping costsThailand cuts fuel prices from July 8 as oil fund adjusts rates
Thailand cuts fuel prices from July 8 as oil fund adjusts rates
TUESDAY, JULY 07, 2026
Thailand will cut diesel by 2.56 baht per litre and petrol and gasohol by 2.51 baht per litre from July 8 after oil fund rates were adjusted.PM tells Energy Ministry: cut oil prices now, not gradually
PM tells Energy Ministry: cut oil prices now, not gradually
TUESDAY, JULY 07, 2026
Prime Minister Anutin Charnvirakul has ordered the Energy Ministry to find ways to cut retail oil prices immediately, saying lower global prices should be passed on to consumers to ease living costs.Oil Fund deficit under close watch after lower-than-expected revision despite LPG pressure
Oil Fund deficit under close watch after lower-than-expected revision despite LPG pressure
MONDAY, JUNE 15, 2026
Thailand’s Oil Fuel Fund deficit came in 7 billion baht lower than expected, but overall debt remains high at 58.5 billion bahtPublic groups demand energy price overhaul within seven days
Public groups demand energy price overhaul within seven days
SATURDAY, MAY 23, 2026
Consumer groups urge Energy Ministry to reform fuel pricing, cap refining margins and cut oil prices by 7 baht per litreThaioil warns market risks remain despite Q1 profit rise amid oil volatility
Thaioil warns market risks remain despite Q1 profit rise amid oil volatility
MONDAY, MAY 11, 2026
Thaioil warns Q2 profit may weaken as oil price swings and liquidity strain follow a Q1 result boosted by temporary stock gains.Cabinet approves THB20bn loan to shore up Oil Fuel Fund amid energy crunch
Cabinet approves THB20bn loan to shore up Oil Fuel Fund amid energy crunch
TUESDAY, APRIL 28, 2026
The Cabinet has approved a THB20 billion emergency loan for the Oil Fuel Fund Office to ease liquidity strains as the fund’s net position stays more than THB53bn in the red.Thailand cuts diesel prices but remains mid-range in Asean
Thailand cuts diesel prices but remains mid-range in Asean
TUESDAY, APRIL 21, 2026
OR and Bangchak have cut diesel prices by THB1.20 a litre, while EPPO data shows Thailand still sits around the middle of the pack in Asean fuel prices.Thailand may raise debt ceiling to 75% and issue emergency borrowing decree to fund crisis measures
Thailand may raise debt ceiling to 75% and issue emergency borrowing decree to fund crisis measures
MONDAY, APRIL 20, 2026
Government House sources say the PM has ordered a major review of the 2026 budget, with options including a six-figure-billion-baht borrowing decree and raising the public debt ceiling to 75% to fund energy support and cost-of-living measures.