Pump prices hit all-time high

A busy petrol station in Phra Khanong district, Bangkok. Retail diesel and petrol prices hit a record high on Tuesday. (Photo: Apichart Jinakul)
A busy petrol station in Phra Khanong district, Bangkok. Retail diesel and petrol prices hit a record high on Tuesday. (Photo: Apichart Jinakul)

Pump prices for diesel and petrol hit an all-time high on Tuesday.

Fuel prices rose by 1.80 baht per litre for diesel and 1.00 baht per litre for petrol at 5am.

At PTT petrol stations, fuel prices in Bangkok and its vicinity are:

  •     40.74 baht per litre for high speed diesel
  •     56.44 baht for B7 premium diesel
  •     50.64 baht for gasoline 95
  •     42.05 baht for gasohol 95
  •     53.04 baht for premium gasohol 95
  •     37.05 baht for gasohol E20
  •     33.79 baht for gasohol E85
  •     41.68 baht for gasohol 91

The prices rose although the Office of the Oil Fuel Fund announced late Monday night it would increase its high speed diesel subsidy from 16.67 to 18.76 baht per litre.

The previous all-time high at the pump followed a six-baht-per-litre rise on Thursday last week.

Global oil prices have soared as the US-Iran war continues with thousands of cargo ships trapped in the Persian Gulf, unable to pass through the Strait of Hormuz and into the Arabian Sea. 

Vocabulary

  • cargo: things that are being sent by ship, plane, train or truck - สินค้าที่บรรทุกและจัดส่งโดยเรือ เครื่องบินหรือรถไฟ
  • diesel (n): a heavy oil used as fuel in engines -
  • fuel: any material that produces heat or power, usually when it is burnt - เชื้อเพลิง
  • pump: a piece of equipment for making a liquid or gas move into or out of something - เครื่องสูบ(น้ำ etc.)
  • subsidy: an amount of money that a government or organisation pays to help to reduce the cost of a product or service - เงินชดเชยที่รัฐเป็นผู้จ่ายให้

Do you like the content of this article?
COMMENT