The source said the next increase would be inevitable as global oil prices are still rising. As of May 3, the Oil Fuel Fund was still subsidising diesel oil price at THB10.21 per litre, the source said. “Next week, diesel price may rise by THB1 or THB2 per litre,” the source said. The fund is using about THB20 billion for the diesel price subsidy. Although the government has borrowed THB20 billion to top up the fund, it will be used up within a month,” the source said.

Source: The Nation Bangkok May 04, 2022 07:40 UTC