General
Oil Fuel Fund Adjusts Diesel Subsidy Rate
The Oil Fuel Fund Office has announced a new subsidy rate for diesel fuel, effective July 31, 2026.
According to a report by Matichon Online, the Oil Fuel Fund Office (OFFO) has officially adjusted the subsidy rate for diesel fuel. As of July 31, 2026, the fund will provide a subsidy of 7.63 baht per liter.
For residents and travelers in Thailand, this adjustment is significant as it directly influences fuel pricing at the pump. Diesel is a primary fuel source for public transportation, logistics, and private vehicles across the country. Changes in subsidy levels are typically implemented to stabilize domestic retail prices against fluctuations in the global oil market. By maintaining a subsidy, the government aims to mitigate the impact of international price volatility on the cost of living and transportation expenses for the general public.
While the new rate is now in effect, it remains to be seen how long this specific subsidy level will be maintained. The Oil Fuel Fund periodically reviews its financial position and market conditions to determine whether further adjustments are necessary. Stakeholders should continue to monitor official announcements from the OFFO for any future changes to fuel pricing policies or subsidy structures.
Translated from Thai.
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