The committee also instructed the office to review and verify the fund’s estimated financial position at the end of every month, in order to keep its figures closer to actual obligations.
Despite the downward revision, the fund remains in deficit.
Its latest overall position stood at a negative 58.498 billion baht as of June 14, 2026.
The oil account was 19.647 billion baht in deficit, while the LPG account remained the larger burden at 38.851 billion baht.
The office said global oil prices had risen after the conflict involving the United States, Israel and Iran since late February 2026, while domestic fuel consumption had fluctuated significantly.
Those conditions prompted the office to update its assumptions and adjust the fund’s estimated position to better reflect the actual financial situation.
The latest figures suggest that Thailand’s fuel subsidy burden is lighter than previously feared, but not yet close to easing.
LPG remains the fund’s heaviest pressure point, while global energy volatility continues to pose a risk to domestic fuel-price management.
The issue has also become increasingly important for household costs and business planning, as fuel subsidies affect transport, logistics and consumer prices across the economy.
Any change in the fund’s financial position is therefore closely watched by policymakers and energy users, particularly while global oil prices remain vulnerable to geopolitical risks and supply disruptions.
