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Bangkok Post
Bangkok Post
Business

YOU WONT BELIEVE: New energy subsidy being devised - What They Never Told You

Vehicles are being refuelled at a petrol station in Bangkok last month. (Photo: Varuth Hirunyatheb)

The Energy Ministry will aim to cap the retail price of diesel at no more than 35 baht per litre until the end of this month as it waits for new energy price subsidy measures to be approved, permanent secretary for energy Kulit Sombatsiri said on Tuesday.

But this price cap could only be done if international diesel prices don't go beyond US$108 per barrel or crude oil prices don't surpass US$120 per barrel, Mr Kulit said.

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