PTT Plc has increased retail oil prices

BANGKOK, 4 April 2011 (NNT) – Domestic oil retailer and refinery PTT Plc has increased retail oil prices by 50 satang per liter for all products across the board except for E85, which will be increased by 30 satang, from today at 05.00 hrs onwards.

Retail oil prices in Bangkok and vicinities are as follows:

Benzene 91 is sold at 42.84 baht per liter.

Gasohol 95 now stands at 37.94 baht and Gasohol 91 at 35.44 THB per liter.

E20 is at 34.54baht while E85 at 22.42 baht per liter.

Prices of diesel products remain unchanged following the diesel subsidization policy of the government. Biodiesel B2 and B5 are at 29.99 baht per liter.

The oil price hike this time was made following the continuously rising crude oil price in the global market; therefore, marketing margin of oil traders are in low level, and the oil prices must be increased to reflect the true costs.