The Fuel Fund Committee (FFC) has reduced the compensation rate for diesel fuel, resulting in a retail price increase of 3.50 baht per liter, effective at 5 a.m. tomorrow (2 Apr 2026).
On 1 April 2026, the Fuel Fund Management Committee resolved to reduce the oil fund compensation rate for diesel by 4.11 baht per liter—from 21.89 baht to 17.78 baht per liter—to align with market conditions and maintain the fund's liquidity stability. This led to an increase in the domestic retail diesel price to 44.24 baht per liter, effective from 2 April onward.
A key reason for the FFC’s decision to cut compensation is the continued volatility in global oil prices, which remain at crisis levels with an upward trend. Additionally, Malaysia has raised its retail diesel price to 6.22 ringgit, equivalent to approximately 50.32 baht.
Reducing compensation to allow retail prices to better reflect actual costs is necessary to ensure the long-term balance of the oil fund. This cut will reduce the fund’s daily expenses by about 362.76 million baht—from roughly 1.804 billion baht to approximately 1.471 billion baht per day.
Meanwhile, changes to gasoline prices will be announced by the retailers themselves.
Further updates will be reported in due course.