Fuel prices down for second week of June

PETALING JAYA: Fuel prices are down across the board for the second week of June from midnight Wednesday.

The price of RON95 petrol will go down by five sen per litre from RM2.10 to RM2.05 from RM2.10 previously, while the price of RON97 will go down by seven sen from RM2.38 per litre to RM2.31 per litre.

Additionally, the price of diesel will go down by eight sen from RM2.02 per litre previously to RM1.94 per litre, and all new prices will be in effect from June 8 until June 14.

This was announced on RTM1 and posted on the Domestic Trade, Cooperatives and Consumerism Ministry's Twitter account on Wednesday evening.

The weekly fuel pricing mechanism came into effect from April this year.

Prices of petrol and diesel had been placed on a managed monthly float system since Dec 1, 2014, following the removal of fuel subsidies.