fuel fund

Latest news and articles about fuel fund from NEX English

Global Oil Price Drop Eases Financial Pressure on Thailand's Drivers

Reports indicate that the recent decline in global oil prices has alleviated financial pressure on Thailand's fuel fund, shifting its role from supporting diesel prices to collecting contributions from drivers. However, the impact on consumer fuel prices remains limited.

Thailand seeks massive loan to support local fuel prices

Thailand is pursuing a loan of up to <strong>150 billion baht</strong> to support local fuel prices amid rising global diesel costs. This move follows significant losses recorded by the fuel fund, prompting the government to reduce subsidies.