Expect the government to fix diesel at 33 baht to welcome the economic revival project.

Energy believes that the direction of oil at the end of the year will not change much. The price of diesel is expected to be fixed at 33 baht until the beginning of the year, helping to reduce the cost of living. At the same time, the Oil Fund started using the first debt in November.

A source from the Ministry of Energy revealed that in November This is the first month that the Oil Fund will have to start phasing out loans taken to hold back cooking oil and gas (LPG) prices in the past, with a total amount of 105,333 million baht, with the repayment period to end within 2027.

The first lump sum must be paid in November for a total of 250 million baht in principal and interest. After that, the repayment amount will be increased every month. The maximum payment will be in October. 2025 about 3,000 million baht

At this time, the negative position of the Oil Fund has decreased to 95,333 million baht, divided into oil accounts, 47,885 million baht, and cooking gas, 47,448 million baht. ‘ going down, making it possible to collect money from gasoline and diesel users. Resulting in a monthly income stream of 8,100 million baht.

However, the measure to keep diesel prices at 33 baht per liter will expire in October. There is an opportunity to keep the price at this level until the beginning of 2025 because the Oil Fund can still cut 1.66 baht per liter for diesel.

This is despite the fact that the war situation in the Middle East is still a risk factor for global oil prices. But looking at the projected numbers, the world diesel price is on average at 90 USD per barrel. Dubai crude oil is at 76 USD per barrel. It is still a trend that can still be managed. if the Strait of Hormuz is not closed This is an important route for transporting oil, which will cause increased transport costs from changing routes and will cause the price of oil on the world market to increase.

The source said that the maintenance of the price of diesel at 33 baht per liter must wait for the clarity of the policy from Mr. Peeraphan Saleerathaviphak, Deputy Prime Minister and Minister of Energy, which will be discussed at the Energy Policy Executive Committee meeting. (BBA) coming soon