Depleted Oil Fuel Fund to apply for loan - News Summed Up

Depleted Oil Fuel Fund to apply for loan


Depleted Oil Fuel Fund to apply for loanThe latest fuel prices are displayed at a PTT petrol station in Pathum Thani province on Tuesday. Authorities are preparing to seek a loan from commercial banks to stabilise Thailand's fast-depleting Oil Fuel Fund. Under the Oil Fuel Fund Act, loans are capped at 40 billion baht. "It is reasonable to assume that borrowing to stabilise oil prices will not create long-term problems," the official said. As of March 29, the Oil Fuel Fund was 42.1 billion baht in deficit, comprising a 4.83 billion baht shortfall from the oil account and a 37.3 billion baht loss from the liquefied petroleum gas account, according to the Oil Fuel Fund Office.


Source: Bangkok Post March 31, 2026 23:03 UTC



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