Thailand’s diesel price will rise by Bt3.50 per litre at 05:00, on April 2, 2026, after the Oil Fuel Fund Committee reduced its subsidy, pushing the retail price of standard diesel to Bt44.24 per litre. Biodiesel B20 will also increase by Bt3.50, bringing its price to Bt39.24 per litre. The adjustment reflects a direct pass-through to consumers following lower compensation from the fund.

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The decision was made at a committee meeting on April 1, 2026, where officials agreed to reduce financial support for diesel. This follows a previous increase on March 31, when diesel prices in Bangkok rose by Bt1.80 per litre to Bt40.74, marking the first time prices exceeded the 40-baht level in the current round of adjustments. The latest rise continues a rapid upward trend in domestic fuel costs over recent days.

Officials said the subsidy reduction was necessary to ease the financial burden on the Oil Fuel Fund, which has been supporting fuel prices amid market pressures. By lowering compensation rates for both standard diesel and B20, the committee allowed market pricing to play a larger role in determining pump prices. This has resulted in immediate increases for consumers and transport operators.

The higher diesel prices are expected to have a knock-on effect on logistics and transportation costs, potentially feeding into broader inflation. Businesses reliant on fuel, including freight and public transport sectors, may face increased operating expenses. Consumers could also see indirect impacts through higher prices for goods and services.

PTT and Bangchak also announced gasoline price adjustments. Prices will increase by 1.20 baht per liter: Gasohol 95 to 43.25 baht, Gasohol 91 to 42.88 baht, E20 to 38.25 baht, and E85 to 34.99 baht.

The Nation reported that additional changes to fuel pricing may occur depending on global oil market trends and the financial position of the Oil Fuel Fund. Policymakers are likely to monitor the economic impact of rising fuel costs while considering further adjustments to subsidies if needed.

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Adapted by ASEAN Now Nation 2 Apr 2026

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If Thailand would not control everything, the place would look very different. Because there was so much subsidy on petrol, people never changed their behavior in using their car. It must be cheap. The money that could have been spend for better infrastructure as railways and public transport. But now people have to pay for the mismanagement for years and it hurts surely and shortage is looming. It takes time to reform

10 minutes ago, ikke1959 said:

If Thailand would not control everything, the place would look very different. Because there was so much subsidy on petrol, people never changed their behavior in using their car. It must be cheap. The money that could have been spend for better infrastructure as railways and public transport. But now people have to pay for the mismanagement for years and it hurts surely and shortage is looming. It takes time to reform

So countries with uncontrolled free market fuel pricing have comprehensive railways and public transport ?

44 minutes ago, 0ffshore360 said:

So countries with uncontrolled free market fuel pricing have comprehensive railways and public transport ?

That is not what I say. The subsidy for petrol in Thailand could have been spsn much better

1 hour ago, ikke1959 said:

That is not what I say. The subsidy for petrol in Thailand could have been spsn much better

Perhaps you should have advised them earlier?

1 hour ago, 0ffshore360 said:

Perhaps you should have advised them Who would listen to a foreigner here??? They are all Allknowing already

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4 hours ago, ikke1959 said:

Because there was so much subsidy on petrol, people never changed their behavior in using their car. It must be cheap.

For a long time it was Diesel that had the highest subsidy from this pool.

And who paid for that: users of petrol/benzene who funded this pool.

It might be an idea to keep cost for transport/agriculture down.

But sponsoring purchase of Diesel pickups for personal transport by lower sales tax and preference for Diesel oil is outright silly. Thailand has about the most boring bunch of vehicles moving around,
Bulky pickups clogging small roads, sitting on supermarket parking lots and garages.

Does someone know, how the oil fuel fund is financed and how the deficits will be compensated?

4 hours ago, 0ffshore360 said:

So countries with uncontrolled free market fuel pricing have comprehensive railways and public transport ?

They put hefty taxes on all sorts of fuel.

Americans would faint if they see prices like in Germany e.g.

Now approaching 10 USD/gallon for premium.

45 minutes ago, 10000Baht said:

Does someone know, how the oil fuel fund is financed and how the deficits will be compensated?

As I recall the Oil Fund essentially collects levies or taxes on most fuels when prices are at or below a set target .. and when they go above that threshold, the Oil Fuel Fund Office can now start distributing these accumulated levies as a subsidy..

Of course a lot depends on what the threshold prices are set at and the levy rate when prices are below threshold, and the amount of and length of time the fund has to pay out subsidies.

It’s essentially a buffer fund

1 hour ago, KhunBENQ said:

For a long time it was Diesel that had the highest subsidy from this pool.

And who paid for that: users of petrol/benzene who funded this pool.

It might be an idea to keep cost for transport/agriculture down.

But sponsoring purchase of Diesel pickups for personal transport by lower sales tax and preference for Diesel oil is outright silly. Thailand has about the most boring bunch of vehicles moving around,
Bulky pickups clogging small roads, sitting on supermarket parking lots and garages.

Thailand is disrupting everything as they want to control everything... If police officers try to help the traffic, all the roads are being blocked. Same with the economy. By subsidy products, 50/50 schemes, the market can't do it normal work and only more problems occur.

7 hours ago, ikke1959 said:

8 hours ago, 0ffshore360 said:

Perhaps you should have advised them Who would listen to a foreigner here??? They are all Allknowing already

Very strange manipulation of my post !

Worth reporting ? Or are the stars a protection?

This site seems to be getting bent!

11 hours ago, ikke1959 said:

If Thailand would not control everything, the place would look very different. Because there was so much subsidy on petrol, people never changed their behavior in using their car.

My understanding is that ex-refinery fuel prices are based on the Singapore spot prices. So in that regard they are based on market pricing.

Subsidies and/or taxation are different in all countries.

Posts with derogatory nicknames, intentional misspellings, or personal remarks will be removed. Spell names correctly for all sides of the debate.

10 hours ago, KhunBENQ said:

They put hefty taxes on all sorts of fuel.

Americans would faint if they see prices like in Germany e.g.

Now approaching 10 USD/gallon for premium.

Thais say to me how much is fuel in the UK. I tell them, then in shock, " Why is so expensive? I say one word tax, about half the cost of a litre of fuel is tax, and 20% of that is VAT.

The trouble with Thailand is that nearly all goods are transported by road, so any fuel increase is felt by everyone. Never forget I had a 125cc motorbike with a 12-liter tank, must be 10 years ago now, fuel prices shot up so did inflation, like now, I filled that thing up 500 baht, guy on the forecourt could not believe it.

Have often thought fuel in Thailand is too cheap, maybe a 1/2 baht in tax on a liter, but unlike the UK, where farmers have Red Diesel, diesel with no tax on it, which does help the farmers, here Thai farmers and queue up with me to buy fuel at the forecourts, no cheap fuel here.

A friend of ours farms 500 rie of sugar cane. His last year's fuel cost was 100,000 baht for his cane harvester and truck hauling his cane to the mill ,as luck would have it, now cane harvest is done, the mills shut down on the 31st of last month, at least he can now sleep at night.

On 4/2/2026 at 4:32 AM, KhunBENQ said:

For a long time it was Diesel that had the highest subsidy from this pool.

And who paid for that: users of petrol/benzene who funded this pool.

It might be an idea to keep cost for transport/agriculture down.

But sponsoring purchase of Diesel pickups for personal transport by lower sales tax and preference for Diesel oil is outright silly. Thailand has about the most boring bunch of vehicles moving around,
Bulky pickups clogging small roads, sitting on supermarket parking lots and garages.

You fail to acknowledge the advantages to your average Thai of having a pick-up. My Mrs had her own when I first met her and when I asked why she chose a pick-up rather than a car she stated that if she sees something free or going cheap (that she can either make use of or sell at a profit), she doesn't have to worry about paying for separate transport and can just put it in the back. Makes total sense to have a pick-up when you consider that approx 50% of Thais are self employed and need to transport supplies or equipment of some sort. Or are you saying that as a guest in the country, your preferences should take priority over the locals' livelihood?

On 4/1/2026 at 11:55 PM, ikke1959 said:

If Thailand would not control everything, the place would look very different. Because there was so much subsidy on petrol, people never changed their behavior in using their car. It must be cheap. The money that could have been spend for better infrastructure as railways and public transport. But now people have to pay for the mismanagement for years and it hurts surely and shortage is looming. It takes time to reform

A rather selfish take IMHO. You're forgetting that 50% of Thais are self employed and need a vehicle for their work as not everyone has the benefit of living in a city with a good transport system and not have to take tools/materials with them to make a living. The cost of a full tank of gas in relation to your average wage in Thailand is already far higher than the majority of the developed world.

On 4/2/2026 at 6:59 AM, ikke1959 said:

That is not what I say. The subsidy for petrol in Thailand could have been spsn much better

I saw a convoy of about 50 emergency vehicles (nearly all ambulances) on Tuesday going North on Sukhumvit then towards Rayong on Hwy 36 near Pattaya. Heaven knows why. Not good for emergency vehicle availability nor good use of dwindling fuel reserves. Unless there was some emergency somewhere that way of course.

3 minutes ago, jacko45k said:

I saw a convoy of about 50 emergency vehicles (nearly all ambulances) on Tuesday going North on Sukhumvit then towards Rayong on Hwy 36 near Pattaya. Heaven knows why. Not good for emergency vehicle availability nor good use of dwindling fuel reserves. Unless there was some emergency somewhere that way of course.

Soi much petrol is wasted here. I live hardly 150 m from a 7/11 store and my neighbour has to use a motorcycle to go to the shop and back.. Can't walk ?? And what about the police cars that is guiding the busses?? So useless. But is all the result of low prices . People are not educated to save energy. And now everybody complains, but look around. I still see cars speeding swirling over 3 lanes, old outdated vehicles that consume more than recent models, and also less pollute. There is so much money/energy waste in Thailand. The expensive prices will hopefully make them aware to save some

2 hours ago, ikke1959 said:

old outdated vehicles that consume more than recent models, and also less pollute. There is so much money/energy waste in Thailand

You should buy them a new vehicle!

13 minutes ago, Ralf001 said:

You should buy them a new vehicle!

In many countries as you probably don't know, the Government has given subsidy for old cars to change them to new electric cars, because of the air quality and less petrol use... But Thailand is too conservative to make a change

Maybe a different way to look at it...

22 hours ago, ikke1959 said:

Soi much petrol is wasted here.

I often see pickups left running when parked. Not only a waste of fuel, but adds to pollution. I can smell it when it is done near my home.