Energy Ministry battens down amid 'worst crisis'An attendant fills a customer’s fuel tank at a petrol station in Bangkok's Thung Khru district on April 1. (Photo:Wutsuttipong Podpai)The Energy Ministry's permanent secretary, Prasert Sinsukprasert, has described the current energy situation as one of the most severe crises in Thailand's history. On fuel prices, Mr Prasert said "we must balance global market rates, the fund's financial position, and the impact on Thai citizens". Recent consecutive increases in domestic fuel prices were intended to maintain the fund's liquidity and prevent abrupt spikes that could encourage hoarding or illegal exports. Regarding refinery pricing structures and processing costs, Mr Prasert said refineries must accept the associated risks.

Source: Bangkok Post April 03, 2026 22:54 UTC