Prime Minister Prayut Chan-o-cha said the State Oil Fund can maintain current pump prices at least until the end of the year. (Bangkok Post file photo)The subsidy from the State Oil Fund will be enough to maintain fuel prices at the current level until the end of the year if consumption is not excessive, said Prime Minister Prayut Chan-o-cha. He insisted the State Oil Fund proves a vital tool for stabilising oil prices and limiting the effects on the economy. Gen Prayut said he came to power four years ago when the State Oil Fund had been used up. "If consumers reject PTT petrol because of poor service or fuel quality, it would be understandable.

Source: Bangkok Post May 28, 2018 21:45 UTC