Weekly fuel prices: RON97 up 12 sen, RON95, diesel unchanged


  • Nation
  • Friday, 27 Sep 2019

PETALING JAYA: The fuel prices of RON97 will increase by 12 sen per litre, while RON95 and diesel remain the same for the following week.

The Finance Ministry said the price of RON97 will increase from RM2.67 per litre to RM2.79 per litre beginning Saturday (Sept 28) until Oct 4.

However, the prices of RON95 and diesel will remain at RM2.08 per litre and RM2.18 per litre respectively.

"Based on the calculation under the Automatic Pricing Mechanism, the retail prices for both RON95 and diesel should be increased to RM2.49 per litre and RM2.39 per litre respectively," it said in a statement Friday (Sept 27).

The ministry noted that the retail prices for both RON95 and diesel were at RM2.37 per litre and RM2.32 litres respectively last week.

"The prices for RON95 and RON97 are placed at RM2.08 per litre and RM2.18 per litre respectively in line with the government's decision to stabilise fuel prices for petroleum products and to protect the economy," it said.

The ministry also noted that the estimated subsidy borne by the government between Sept 28 and Oct 4 is about RM173.26mil.

The weekly fuel pricing mechanism was reintroduced on Jan 5 under the APM.

Under this system, weekly fuel prices are announced every Friday and remain in force for one week.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

RON97 , RON95 , Diesel , fuel price

   

Did you find this article insightful?

Yes
No

Next In Nation

Respect the King's decision to declare an Emergency, urges MCA Youth
Smuggled liquor worth over RM100,000 seized in Gelang Patah
Subang cops bust two brothels after public tip-offs
Cops raid online gambling centres in condo, four arrested
Transport Minister: Public transport overcrowding unlikely as ridership is down during MCO
Melaka cops urge witnesses of puppy-culling incident to come forward
Election Court in Sabah dismisses two petitions filed over 2020 state polls results
Masidi: Too early to judge effectiveness of MCO, clearer picture in two weeks
Zahid gets tested for Covid-19
CM: Penang awaiting word from Nadma on two new low-risk Covid-19 centres

Stories You'll Enjoy