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Gasohol prices down Bt4.70 a litre on Friday

By The Nation

Oil retailers are slashing their gasohol pump prices by Bt4.70 per litre on Friday, following the effective cut in excise taxes as well as the softening global oil prices.

Diesel price would also come down by Bt3.50 per litre.

Starting on Friday, the excise taxes for gasohol products and diesel would be cut for six months by Bt3.30 and Bt2.30, respectively.

Crude oil for September delivery was at US$124.32 a barrel in Singapore on Thursday on the back of demand from US and Japan. Yesterday, oil dropped $3.98, or 3.1 per cent, to settle at $124.44 a barrel, the lowest close since June 4.

The Nation

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Gasohol prices down Bt4.70 a litre on Friday

Oil retailers are slashing their gasohol pump prices by Bt4.70 per litre on Friday, following the effective cut in excise taxes as well as the softening global oil prices.

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