"fuel price"

The Cabinet on Tuesday approved a new round of eight measures to soften the impact of rising fuel prices on people's cost of living from July to September.

The Commerce Ministry has rejected Kla Party leader Korn Chatikavanij's call to reduce fuel prices by capping the gross refinery margin, saying it did not have the power to do so.

Private bus operators will reduce services by 80 per cent from July 1 due to the high fuel price while the state-run interprovincial bus operator, Transport Company, vowed to keep operating at the same price.

Orders for charcoal stoves from a large factory in Trang province have risen sharply as fuel and cooking gas prices continued to rise.

The government will spend Bt80.24 billion to subsidise 10 measures to ease the burden of high living costs for three months amid the fuel-price crisis caused by the Russia-Ukraine war, said Energy Minister Supattanapong Punmeechaow on Thursday.

The spiralling cost of fuel on the global market is having an effect in Laos, where some oil refineries are hoarding fuel with the intention of making a profit, a senior government official has said.

Truckers planning to block Bangkok roads to protest the high price of diesel postponed the rally for 24 hours on Monday, giving the government a reprieve but promising a bigger rally on Tuesday.

Truck operators nationwide are prepared to parade around Bangkok on November 16 after the government rejected their demand to reduce the diesel price from THB30 to THB25 per litre for a year amid impacts from Covid-19.

The Green Butterfly group, an NGO dedicated to promoting fair fuel prices, has urged the Ministry of Energy to reduce the fuel marketing fee to Bt1.85 per litre from the current Bt3-4 per litre to allow consumers to buy fuel at fair prices.