PM Orders Immediate Fuel Price Cut Across Thailand
Prime Minister Anuthín Charnweerakul ordered an immediate cut to retail fuel prices across Thailand, citing recent declines in global oil costs and the need to ease household and business expenses.
At 12:45 p.m. on July 7, 2025, at Government House, Prime Minister Anuthín Charnweerakul announced that he has ordered Energy Minister Eknath Promphan to find ways to cut retail fuel prices. The rationale is straightforward: global oil prices have declined and stabilized, so domestic retail prices should follow suit. The government must consider the cost of living, household expenses, and business costs for workers and entrepreneurs.
"I simply told the Energy Minister that when global prices rose, we asked the public to accept the increases," the PM stated. "Now that global oil prices have fallen, we don't need to ask for their approval to lower prices—we just lower them immediately and significantly, not gradually. The Energy Minister has received this directive."
When asked about a timeline, the PM said there is no specific deadline. The Energy Ministry must work through its mechanisms, including the Oil Fund Management Committee, to implement the policy. The PM emphasized that the minister will not return saying prices won't be cut.
Regarding food prices overseen by the Commerce Ministry, Deputy PM Supachee Sutthamphan has been informed and must take action. The government's broader strategy includes the "Blue Flag" affordable product program, price controls, and the "Thai Helping Thai Plus" project to reduce living costs. The PM stressed that rather than focusing on a single solution, the government must pursue comprehensive policies that improve quality of life across all dimensions.
