Now Refineries Will Contribute to Subsidies

Even though the Thai government announced a few days ago that it was in discussions with six of the country's major oil refiners regarding a profit-sharing system to help boost the State Oil Fund so that it can continue to provide subsidies to consumers in the face of spiralling inflation, the shares of those oil refiners remain under pressure.

This is because the profit-sharing system is intended to help boost the State Oil Fund....