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Excise tax cuts on fuel to cost 17.7 billion baht
Excise tax cuts on fuel to cost 17.7 billion baht
WEDNESDAY, NOVEMBER 01, 2023
The government’s policy to cut the excise tax on several fuels in a bid to reduce people’s financial burden is estimated to result in a loss of state revenue of 17.7 billion baht, the Excise Department said on Tuesday.Subsidies on benzene to be discussed
Subsidies on benzene to be discussed
TUESDAY, OCTOBER 17, 2023
The Energy Ministry is studying measures to reduce the financial burden for users of benzene following those already rolled out for other fuels, Rudklao Intawong Suwankiri, deputy spokesperson for the Prime Minister's Office, said on Monday.Ruling party promises to cut fuel prices if reelected
Ruling party promises to cut fuel prices if reelected
THURSDAY, MARCH 02, 2023
The ruling Palang Pracharath Party (PPRP) will cut fuel prices by reducing taxes to help reduce operational costs and consumer prices, the leader of the party's economic team, Mingkwan Saengsuwan, said on Thursday.New subsidies to relieve cooking gas, benzene expenses hit snag
New subsidies to relieve cooking gas, benzene expenses hit snag
TUESDAY, MARCH 15, 2022
The Finance Ministry is waiting for the Energy Ministry to calculate how much budget is needed to relieve burdens from the rising price of cooking gas and benzene.Diesel capped at Bt30 till May; govt beefs up oil reserves
Diesel capped at Bt30 till May; govt beefs up oil reserves
SATURDAY, MARCH 12, 2022
The diesel price will be capped at Bt30 per litre until the end of May while households using less than 300 units (Bt1,200) per month will continue to get help with electricity bills, according to the government.TEMA against plan to reduce benzene-ethanol ratio to E10
TEMA against plan to reduce benzene-ethanol ratio to E10
WEDNESDAY, FEBRUARY 23, 2022
The Thai Ethanol Manufacturing Association (TEMA) opposed Energy Ministry guidelines to reduce the benzene-ethanol ratio to E10 from E85 and E20 to relieve the expense burden on benzene users.Prices of unregulated benzene, gasohol shoot through the roof this year
Prices of unregulated benzene, gasohol shoot through the roof this year
SATURDAY, FEBRUARY 05, 2022
Since the start of this year, the price of benzene and gasohol has been raised eight times because these fuels are not regulated by the government like diesel.Oil prices slide as virus saps demand
Oil prices slide as virus saps demand
THURSDAY, APRIL 02, 2020
West Texas Intermediate (WTI) crude oil contracts dropped at close of trading on Wednesday (April 1) after US oil stocks rose more than expected as demand plunges amid the coronavirus pandemic.Trump-Putin talks hold key to oil price trends
Trump-Putin talks hold key to oil price trends
WEDNESDAY, APRIL 01, 2020
Crude oil price fluctuated as the market kept its eyes on US-Russia negotiations to maintain stability of oil prices, an energy analyst at Thai Oil said on Wednesday (April 1).Crude oil slides further as worries grow of a prolonged global crisis
Crude oil slides further as worries grow of a prolonged global crisis
TUESDAY, MARCH 31, 2020
The price of crude oil dropped further as the market expects the Covid-19 pandemic to prolong for many months, an energy analyst at Thai Oil said on Tuesday (March 31).Loading...
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