Diesel price cut by 14 satang | Bangkok Post: business

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Diesel price cut by 14 satang

State subsidies for alternative fuels urged

  • Published: | Viewed: 2,132 | Comments: 0
  • Newspaper section: Business
  • Writer: Yuthana Praiwan, Wasu Vipoosanapat & Nop Tephaval
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The diesel price has been cut by 14 satang a litre to 29.85 baht effective today after the Energy Policy Management Committee (EPMC) chaired by deputy junta chief ACM Prajin Jantong ruled the marketing margin for the fuel was too high. 

PTT is the first oil retailer to cut its retail price of diesel by 14 satang a litre. Somchai Poomlard

ACM Prajin, head of economic affairs for the National Council for Peace and Order (NCPO), said after yesterday's first meeting of the EPMC that oil retailers had agreed to cut the marketing margin by 71 satang a litre, to 1.50 baht from 2.21 baht.

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