Late news :Retail petrol prices expected to rise 40 satang per litre this week.

(From The Nation (Thailand))

Byline: The Nation.

Retail petrol prices could be jacked up again this week, following the recent spike in world oil prices that pushed up finished oil prices and pulled down to 90 satang a litre Thai oil retailers' marketing fee on petrol distribution.

Bangchak Petroleum expects an increase of 40 satang a litre on retail petrol prices this week.

Senior director Yodphot Wongmit attributed the recent oil-price increase to the Iranian factor and higher oil demand for the hot-season travelling period.

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