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Fuel Prices Thailand

Compare Gas/Fuel Prices between PTT, Shell, Esso, Caltex and more

The fuel prices listed here are for Bangkok.
In all other provinces you have to pay, on average, depending on the type of fuel, between 1%-10% more.
It can be assumed that the further away the gas station is from Bangkok, the higher the price.

Last updated: 8 November 2020 07:17

D
Diesel
D+
Diesel +
G85
Gasohol 85
G91
Gasohol 91
G95
Gasohol 95
E20
Gasohol E20
GL95
Gasoline 95
NVG
Gas
ptt ฿ 18.89 - ฿ 17.69 ฿ 21.08 ฿ 21.35 ฿ 19.84 ฿ 28.76 ฿ 13.83
bcpg ฿ 18.89 - ฿ 17.69 ฿ 21.08 ฿ 21.35 ฿ 19.84 - ฿ 13.83
shell ฿ 18.89 - - ฿ 21.08 ฿ 21.35 ฿ 19.84 - -
esso ฿ 18.89 - - ฿ 21.08 ฿ 21.35 ฿ 19.84 - -
caltex ฿ 18.89 - - ฿ 21.08 ฿ 21.35 ฿ 19.84 ฿ 29.21 -
irpc ฿ 18.89 - - ฿ 21.08 ฿ 21.35 - - -
pt ฿ 18.89 - - ฿ 21.08 ฿ 21.35 ฿ 19.84 ฿ 29.26 -
susco ฿ 18.89 - - ฿ 21.08 ฿ 21.35 ฿ 19.84 ฿ 28.76 ฿ 13.83
pure ฿ 18.89 - - ฿ 21.08 ฿ 21.35 ฿ 19.84 - -

Understanding Fuel Prices in Thailand: A Comprehensive Guide

Fuel prices in Thailand are a topic of constant interest and concern for both residents and visitors. The fluctuating costs can have a significant impact on everyday life, from the expenses of commuting to the cost of goods and services. This article will delve into the factors influencing fuel prices in Thailand, current price trends, and provide an overview of where you can purchase fuel, including popular garage chains.

Factors Influencing Fuel Prices in Thailand

Fuel prices in Thailand are influenced by a variety of factors, both domestic and international. Understanding these factors can help consumers make more informed decisions and anticipate potential price changes.

1. Global Crude Oil Prices

The primary determinant of fuel prices in Thailand, as with many other countries, is the global price of crude oil. When crude oil prices rise on the international market, the cost of refined fuel products in Thailand also tends to increase. Factors that affect global oil prices include geopolitical tensions, production decisions by major oil-producing countries (such as those in OPEC), and overall global demand.

2. Currency Exchange Rates

Thailand imports a significant portion of its crude oil, which means that the exchange rate between the Thai Baht (THB) and the US Dollar (USD) plays a crucial role. A weaker Thai Baht relative to the US Dollar can lead to higher fuel prices because more Baht are required to purchase the same amount of oil priced in Dollars.

3. Government Policies and Taxes

The Thai government implements various policies and taxes that directly impact fuel prices. For instance, fuel excise taxes, subsidies, and price controls can all affect the final price consumers pay at the pump. Government interventions are sometimes used to stabilize prices and protect consumers from sharp increases.

4. Supply Chain and Distribution Costs

The costs associated with refining, transporting, and distributing fuel also contribute to the overall price. Thailand has several refineries that process crude oil into usable fuel, and the efficiency of these operations can influence costs. Additionally, transportation costs to move fuel from refineries to distribution points across the country are a factor.

5. Seasonal Demand and Natural Disasters

Seasonal variations in demand, such as increased travel during holidays, can lead to temporary spikes in fuel prices. Similarly, natural disasters that disrupt supply chains or damage infrastructure can cause short-term price increases.

Current Fuel Price Trends in Thailand

As of mid-2024, fuel prices in Thailand have experienced fluctuations due to a combination of global economic factors and domestic policy adjustments. Here are some key trends observed in the recent months:

1. Rising Global Oil Prices

Global crude oil prices have been on the rise, driven by increased demand as economies recover from the COVID-19 pandemic. This has led to higher fuel costs in Thailand.

2. Government Interventions

The Thai government has periodically adjusted fuel taxes and subsidies to mitigate the impact of rising global oil prices on consumers. These measures have helped stabilize prices to some extent, but the overall trend has been upward.

3. Exchange Rate Fluctuations

The exchange rate between the Thai Baht and the US Dollar has shown volatility, adding another layer of complexity to fuel pricing. A stronger Baht can help offset some of the increases in global oil prices, while a weaker Baht exacerbates them.

4. Regional Price Variations

Fuel prices can vary across different regions in Thailand. Urban areas, especially Bangkok, tend to have slightly higher prices due to higher demand and operational costs. In contrast, rural areas may see lower prices, although availability can be an issue.

Popular Garages and Fuel Stations in Thailand

Fuel is available at numerous petrol stations and garages across Thailand. Below are some of the most well-known and widely available chains where you can purchase fuel.

1. PTT (Petroleum Authority of Thailand)

PTT is the largest and most popular fuel retailer in Thailand. With an extensive network of petrol stations across the country, PTT offers a range of fuel options, including gasoline, diesel, and LPG. Their stations are known for their clean facilities and additional services such as convenience stores, coffee shops, and rest areas.

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2. Bangchak Corporation

Bangchak is another major player in the Thai fuel market, known for its commitment to sustainability and green energy. Bangchak stations are widely available and offer similar amenities to PTT, including convenience stores and clean restrooms.

Key Locations:

3. Esso (ExxonMobil)

Esso is a globally recognized brand with a strong presence in Thailand. Esso stations are known for their high-quality fuel products and reliable service. They also feature convenience stores and sometimes fast-food outlets.

Key Locations:

4. Shell

Shell is another international brand that has a significant footprint in Thailand. Shell stations offer a range of fuel products and are often favored for their premium fuel options and loyalty programs.

Key Locations:

5. Caltex

Caltex, owned by Chevron, is well-regarded for its high-quality fuels and lubricants. Caltex stations in Thailand provide excellent customer service and a range of fuel options.

Key Locations:

Tips for Buying Fuel in Thailand

1. Use Fuel Apps

Several mobile apps can help you find the nearest petrol station and compare fuel prices. Apps like PTT Blue Card, Bangchak, and Shell Fuel Rewards can be particularly useful.

2. Check for Promotions

Fuel stations often run promotions or loyalty programs that can help you save money. Keep an eye out for discounts, reward points, and special offers.

3. Plan Your Stops

When traveling long distances, plan your fuel stops in advance to avoid running low in areas with fewer petrol stations. Major highways usually have well-distributed stations, but rural areas might not.

4. Opt for Quality Fuel

While it might be tempting to go for the cheapest option, using high-quality fuel can be better for your vehicle in the long run. Stations like Shell and Caltex are known for their superior fuel products.

5. Stay Updated

Fuel prices can change frequently. Stay updated with the latest prices through news outlets, fuel apps, or by checking the official websites of major fuel retailers.

Conclusion

Fuel prices in Thailand are influenced by a complex interplay of global and domestic factors. Understanding these factors can help consumers navigate the fluctuations and make informed choices. With numerous reliable and well-distributed fuel stations across the country, including PTT, Bangchak, Esso, Shell, and Caltex, motorists have plenty of options for fueling up. By staying informed and utilizing available resources, you can manage your fuel expenses effectively while enjoying your travels in Thailand.