Thailand will reduce the ex-factory price of diesel by 5 baht per liter.

Thai Energy Minister Arkhom Termpittayapaisith stated that in order to alleviate the rising energy costs and stabilize diesel prices, Thailand will reduce the profit margin of oil refineries by 5 baht per liter starting this Friday. Arkhom said that this price adjustment policy covers three types of diesel and will be effective until May 9. The price adjustment was approved at a meeting of the Energy Policy Committee on Thursday.