Global Trade Alert
Global Trade Alert

Thailand: Government increased the price cap on diesel (May 2022)

Announcement

31 May 2022

In May 2022, the Oil Fund Office of Thailand raised the price cap on diesel from THB 32/litre (USD 0.93/litre) to THB 32.94/litre (USD 0.95/litre).

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

31 May 2022

Revocation date:

06 Jun 2022

Updated: 31 May 2022
Price stabilisation

On 31 May 2022, according to news reports, the Oil Fund Office of Thailand raised the price cap on diesel from THB 32/litre (USD 0.93/litre) to THB 32.94/litre (USD 0.95/litre), effective from 31 M...

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