A reporter stated that the Fuel Fund Management Committee (FFMC) meeting approved lowering the fuel fund levy for diesel by 0.10 baht per liter and for gasohol E85 by 0.50 baht. They also requested fuel retailers to reduce retail prices of all diesel and gasoline types at service stations by 0.50 baht per liter, effective from 9 January onward. This results in the diesel retail price dropping to 29.94 baht per liter, down from 30.44 baht per liter.
Currently, the fuel fund's financial status is steadily improving due to the global oil price decline and efficient management of the fuel fund, enabling retail fuel prices to be lowered. This reflects the Ministry of Energy's commitment to alleviating the public's cost of living while maintaining domestic energy price stability. However, the FFMC has instructed the Fuel Fund Office to closely monitor the US-Venezuela situation. Although it has not yet affected global fuel prices, this is to ensure domestic fuel prices do not excessively impact people's livelihoods.
As of 4 January, the fuel fund's financial status showed a deficit of 4.788 billion baht, with the oil account having a surplus of 34.573 billion baht and the liquefied petroleum gas account showing a deficit of 39.361 billion baht. The reduction in the fuel fund levy on oil products will decrease daily revenue to 234.36 million baht from the previous approximately 241.42 million baht per day.