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More subsidy injected to freeze retail price of diesel at 30 baht/litre until year end
13 Sept 15:20 Key points summarised by AI
- The Energy Policy Committee approved an increased subsidy from the Oil Fund to freeze the retail price of diesel at 30 baht/litre until year-end, anticipating global crude prices to rise.
- This 6-billion-baht measure aims to counter expected crude price hikes; the ministry also plans to freeze LPG prices at 363 baht per cylinder, utilizing up to 7 billion baht from the Oil Fund.
