Thai oil prices have little possibility of lowering, according to the energy ministry

Because the government must support the Oil Fuel Fund, which will have accrued about 100 billion baht in debt by the end of the year due to the oil price subsidy programme, according to Finance Minister Arkhom Termpittayapaisith, oil prices at gas stations in Thailand are unlikely to decrease even though global oil prices are declining.

However, he added, the government is prepared to implement steps to lessen the burden on those of ....