Fuel consumption declines by 0.05%

Quick Summary:

Total fuel consumption dropped by 0.05% year-on-year to 156.6 million litres per day (MLD) during the first half of 2024, consistent with the country's economic growth, says the Department of Energy Business.

The Bank of Thailand's Monetary Policy Committee said earlier that second-quarter GDP was projected to expand by 1% from three months earlier, down from 1.5% growth recorded in the first quarter.

Demand for gasoline and gasohol decreased by 0.9% year-on-year to 31.67 MLD.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Gasohol Policy First Fuel Baht Gasoline Year-on-year Dropped Consumption Million Demand

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 05:19:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21901221

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About Bangkok Post

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Official Website: bangkokpost.com

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