It’s Wednesday, and so, time for the regular weekly fuel price announcement – for the second week of May, there’s more cheer for motorists yet again, with the price of fuel dropping across the board once more.
Starting tomorrow, May 11, RON 95 will be priced at RM2.01 per litre (down 10 sen from the RM2.11 of the previous week), with RON 97 at RM2.29 per litre (also down 10 sen, from RM2.39).
As for diesel, Euro 2M is now RM1.95 per litre (down 13 sen from RM2.08), while Euro 5 diesel is priced at RM2.05 per litre (also down 13 sen from RM2.18). These prices will last until May 17, when the next price adjustment will be announced.
This is the seventh update of the weekly price announcement since the new pricing system came into effect on March 30. Compared to March 2017 prices – before the system was implemented – RON 95 is presently down by 29 sen, RON 97 down by 31 sen, and diesel is down by 25 sen.
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AI-generated Summary ✨
The comments largely express satisfaction and gratitude for the recent reduction in fuel prices, with some community members viewing it as positive news for cost savings and the economy. There is debate about whether the government deserves praise, given Malaysia's status as a net oil exporter, while others criticize the lack of transparency and call for the publication of fuel price calculation formulas. Many highlight the connection between fuel prices and basic living costs, with some noting that when prices rise, blame is placed on the government, but not when they fall. Several comments also touch on the broader economic issues, including currency value and government subsidies. Overall, the sentiment is mixed but largely positive regarding the recent fuel price decrease.