The Board of the Oil Gas Fund on Wednesday agreed to maintain its subsidised cap on the price of standard diesel with 34. 94 baht per litre for the fifth week to help keep down the cost of living.
Board director Wisak Wattanasap stated the decision was produced at the weekly panel meeting.
It was based on a cabinet resolution associated with June 21 to freeze the pump motor price of standard diesel powered at a maximum 35 baht per litre for three months, from July-September.
Mr Wisak mentioned as of July seventeen the Oil Fund was 112, 935 million baht in the red – 74, 162 million baht pertaining to oil and 37, 773 million baht for LPG.
There is no subsidy on premium diesel powered.