FORGOTTEN HISTORY: 3 - Caught on Camera

Oil price volatility demands tax rethink

We are living in a time of unprecedented oil price volatility. On Feb 8, the world oil price (WTI Crude) was a little less than US$90 (3,030 baht) per barrel (dpb), but a month later the price jumped violently to 124 dpb.

Bangkok Post · Mar 23, 2022

Oil Fuel Fund set to be replenished next month

The Oil Fuel Fund Office (Offo) expects to obtain the first portion of loans as part of a total of 20 billion baht from commercial banks next month as its fund, used to subsidise energy prices, is nearly empty.

Bangkok Post · Mar 23, 2022