PTT, Bangchak raise pump prices | Bangkok Post: breakingnews

PTT, Bangchak raise pump prices

Published: 4 Feb 2013 at 16.26
Online news:

PTT and Bangchak Petroleum announced on Monday that they are increasing pump prices by 0.60 baht a litre for petrol and gasohol and 0.30 baht per litre for gasohol E85.

Effective early Tuesday morning, Feb 5, the new retail prices of fuel at outlets of PTT and Bangchak in Bangkok and nearby provinces will be 44.85 baht a litre for petrol 91, 38.93 baht...

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djay
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Discussion 2 : 04 Feb 2013 at 21.142
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Forget the fact that the price of oil just went down. We've all heard about the baht getting stronger against the dollar. Takes less baht to buy something prices in dollars. Since oil is priced in US Dollars, the amount they pay in baht for the oil should be less. So price of oil down, baht up - price at the pump up. Thai economics?
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phetpeter
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Discussion 1 : 04 Feb 2013 at 16.441
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It's great we get to hear about the increase's 12 hours before they happen....But, never the reasons for the increases? What is it now? Exchange rates? Certainly isn't problems in Middle east?
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