Last Updated on October 2, 2026 by Jeff Tomas
CHIANG RAI – Drivers in Thailand will pay more at the pump starting today. The national oil fund committee approved a price hike of 0.75 baht per liter for all fuel types. This change took effect early on October 2, 2026. Global energy concerns, specifically rising tensions in the Middle East, are driving these sudden increases.
These geopolitical issues have created major worries for the global oil supply chain. In the Singapore market, diesel prices recently climbed above 179 US dollars per barrel. Meanwhile, gasoline prices have surpassed 157 US dollars per barrel.
As a result, the Thai government has been paying about 430.14 million baht daily to cover local costs. Officials adjusted the rates to reduce this heavy financial burden and keep the state fund stable amid unpredictable global energy markets.
Key Takeaways:
- All gas types increased by a flat rate of 0.75 baht per liter on October 2.
- Standard diesel now costs 42.19 baht per liter at retail stations.
- The price hike stems from Middle East tensions pushing global oil prices much higher.
The sudden price jump reflects how closely local fuel costs tie to world events. For weeks, experts have watched the Middle East conflict threaten essential shipping routes. When international oil gets expensive, local authorities must eventually pass those costs to consumers. Thailand relies heavily on imported oil to keep its daily economy moving. Therefore, managing the state oil fund carefully is vital to prevent extreme economic shocks.
The Complete Diesel and Gas Pump Price Breakdown
Following the morning update, standard diesel reached a new high of 42.19 baht per liter. The alternative B20 diesel blend now sits at 37.19 baht per liter. For gasoline users, standard unleaded climbed to 49.68 baht per liter.
Gasohol 95, a very popular choice for daily commuters, increased to 40.69 baht per liter. Meanwhile, Gasohol 91 drivers will now pay 40.32 baht per liter.
The government also updated prices for high-ethanol blends. E20 fuel adjusted upward to 35.69 baht per liter. Additionally, E85 fuel now costs 31.63 baht per liter. Major fuel retailers across the country quickly updated their display boards to match the mandate.
These new retail rates officially kicked in at 5:00 a.m. today. However, please keep in mind that final pump prices might still vary slightly depending on your specific province or local service station.
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