
Thailand’s Oil Fuel Fund Committee will cut petrol and gasohol retail prices by 1 baht per litre and B7 diesel by 0.75 baht per litre from November 6. B20 diesel’s retail price will stay unchanged, although its subsidy will be reduced.
Lower international fuel prices enabled the retail cuts and allowed the fund to reduce diesel subsidies. Cheaper diesel can lower transport and operating costs for feed supply chains, though the article reports a local administered-price adjustment rather than a change in global diesel supply.
After 21 past bearish policy events, ULSD / Diesel moved a median -2.4% over 5 sessions (38% higher; middle half -6.5% to +4.7%), and -1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.