Diesel price cut by 60 satang

By The Nation

Oil retailers will on Thursday slash diesel pump price by 60 satang per litre, following the continued decline of refined diesel price to US$72.27 per barrel in Singapore market.

Diesel B5 will be retailed at Bt21.84 per litre. Since July, diesel price has been cut by Bt21.40.

The Organisation of Petroleum Exporting Countries (Opec) on Tuesday warned that they may cut outputs if oil prices continue the downward trend.

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