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Wednesday, 17 May 2017

Fuel prices up halting 3 week decline and after night the price goes up

Hurry Hurry to the petrol station of your choice to fill up you automobile before Midnight as after midnight the fuel price at the pumps is going up  RON 95 by 3.482% , RON97 by 3.057% and Diesel by 2.051%. Remember the % increase and see if it goes up or down next week



The price of RON95 and RON97 will go up by 7 sen to RM2.08 per litre and RM2.36 per litre


KUALA LUMPUR: Petrol prices across the board will go up for the third week of May compared to the previous week, ending a three-week period of declining prices.

The price of RON95 and RON97 will go up by 7 sen to RM2.08 per litre and RM2.36 per litre.

The price of diesel will go up by four sen from RM1.95 to RM1.99 per litre.

The new prices will be from Thursday to May 24. They were announced on RTM1 and posted on the Domestic Trade, Cooperatives and Consumerism Ministry’s Twitter account this evening.

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

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

With the new weekly mechanism, fuel prices will be announced every Wednesday and take effect at midnight.

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