Comparison of Oil Refining Fees in 2026 Continues to Rise, Proposal to Set a Ceiling

Comparison of oil refining fees in 2026 shows a continuous rise, finding that the war has caused crude oil costs and maritime transportation fees to increase several times above normal. The Thailand Development Research Institute (TDRI) proposes a long-term solution to set a ceiling on refining fees, restructure the energy sector, open refinery business competition, reduce monopolies, so that oil prices reflect actual costs, and stop referencing Singapore market prices.

Crude oil costs have risen during the war period.

ᆞ Actual crude oil purchase prices have increased.

ᆞ Transportation and shipping freight costs have increased fivefold.

ᆞ Insurance premiums have increased 100-fold.

TDRI proposes long-term solutions.

Set a ceiling on refining fees.

Open competition in the refinery business.

Reduce monopolies.

Price competition to reflect actual costs.

Do not use Singapore market prices as reference.

According to data on oil refining fees since early 2026 from the Ministry of Energy, the details are as follows.