PTT Public Company and Bangchak Corporation have agreed to reduce the prices of benzine products at their gas stations by three baht per litre, in line with a drop in global fuel prices, effective from 5am on Friday.

 

Benchmark U.S. crude oil for August delivery fell 97 cents to $98.53 a barrel Wednesday. Brent crude for September delivery fell $2.08 to $100.69 a barrel.

 

The new prices in Thailand are:

• gasohol E85 from 37.14 baht/litre to 35.34 baht/litre
• gasohol E20 from 43.44 baht/litre to 40.44 baht/litre
• gasohol 91 from 44.28 baht/litre to 41.28 baht/litre
• gasohol 95 from 44.55 baht/litre to 41.55 baht/litre
• PTT super gasohol 95 is cut from 50.04 baht/litre to 47.04 baht/litre

 

Full Story: https://www.thaipbsworld.com/ptt-bangchak-to-cut-petrol-prices-by-3-baht-litre-from-friday/

 

-- © Copyright Thai PBS 2022-07-07

 

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Fuel prices heading in the right direction at last. 

Let's hope there are more cuts to come.... although I won't hold my breath!

1 hour ago, Dmaxdan said:

Fuel prices heading in the right direction at last. 

Let's hope there are more cuts to come.... although I won't hold my breath!

Read some predictions that the oil price may sink further.

The reason is not that pleasing: economic downturn in many parts of the world, less demand.

Any news on Diesel ?

Finally, some good news.

12 hours ago, Golden Triangle said:

Any news on Diesel ?

No - I guess because the price has been capped so lower than it would otherwise have been.

I was hoping as well...........