Diesel to dip to 33.5 baht a litre next week

Diesel to dip to 33.5 baht a litre next week

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An attendant at a PTT fuel station on Navamin Road in Bangkok’s Bung Kum district fills up a pick-up truck with diesel. (Bangkok Post file image) Motorists will see another dip in diesel costs to around 33.5 baht a litre next week, down from 33.94 baht, partially associated to falling international unrefined oil costs, states the Oil Fuel Fund Office (Offo). The brand-new cost, arranged to take result on March 24, is the 3rd in a series of reductions made consideringthat early February when the retail cost of diesel was 34.94 baht a litre. Diesel under Platts referral rates plunged to UnitedStates$103 a barrel on average in February, down from $133 in January, and decreased to $102 theotherday, stated Wisak Watanasap, director of the Offo. Another element keeping the domestic diesel cost at low levels is the waiver of the diesel importtax tax of 5 baht a litre. The waiver was arranged to end on May 20, however the cabinet ext
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