Fuel prices jump Thursday morning

Fuel prices jump Thursday morning

Retail petrol and diesel prices rose by six baht per litre on Thursday morning.

The sharp price rise resulted from the state Oil Fuel Fund Executive Committee's resolution to cut subsidies for diesel and petrol prices. The price increase took effect at 5am on Thursday.

At PTT petrol stations, prices increased to 38.94 baht a litre for high-speed diesel, 54.64 baht for B7premium diesel, 40.68 baht for gasohol 91 petrol, 41.05 baht for gasohol 95, 36.05 baht for gasohol E20, 32.79 for gasohol E85, 52.04 baht for gasohol 95 premium and 49.64 baht for gasoline 95.

Vocabulary

  • committee: a group of people who are chosen, usually by a larger group, to make decisions or to deal with a particular subject - คณะกรรมการ
  • diesel (n): a heavy oil used as fuel in engines -
  • resolution: an official decision that is made after a group or organisation have voted - มติ
  • subsidy: an amount of money that a government or organisation pays to help to reduce the cost of a product or service - เงินชดเชยที่รัฐเป็นผู้จ่ายให้
  • took effect: began to be used or required - ส่งผล

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