COSTBackground
Thai energy authorities cut diesel ex-refinery price 2.40 baht
The Energy Policy Administration Committee approved a 2.40 baht per litre reduction in the ex-refinery price of diesel, effective until August 15, to curb rising fuel prices amid global oil volatility. The cut won't immediately lowr pump prices but aims to prevent or slow increases. The measure uses 3.89 billion baht from refinery profits.
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