It’s time once again for another mid-week fuel price announcement, and after several weeks of unfavourable updates, it’s a mix of good and bad news this time around.
From tomorrow, August 17, RON 95 petrol will be priced at RM2.15 per litre (up three sen from RM2.12 per litre last week), while RON 97 petrol is priced at RM2.43 per litre (up four sen from RM2.39 per last week).
As for Euro 2M diesel, it retails at the pump for RM2.04 per litre (down two sen from RM2.06 per litre last week) this week, while Euro 5 diesel will go for RM2.14 per litre (down two sen from RM2.16 per litre last week). These prices take effect from 12.01am until August 23, when the next round of fuel prices will be announced.
This is the 21st weekly fuel pricing update since the system’s implementation on March 30. Compared to March 2017 prices, which was before weekly pricing took effect, RON 95 is down by 15 sen (from RM2.30 per litre), RON 97 by 17 sen (RM2.60 per litre) and Euro 2M diesel is down by 16 sen (RM2.20).
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AI-generated Summary ✨
Comments express frustration and anger over regular fuel price increases despite recent drops in global oil prices, with many accusing the government of unfairly profiteering and lacking transparency in pricing mechanisms. Some highlight that crude oil prices have fallen but retail fuel prices keep rising, questioning the logic and calling it daylight robbery. Others compare Malaysia's petrol prices favorably to neighboring countries or suggest that government policies are suspicious, with some criticizing the float system. There are mixed sentiments about the government’s efforts, with some showing gratitude for relatively low prices and others calling for more transparency and fair pricing. Overall, sentiments are predominantly negative, condemning what is perceived as unfair fuel pricing and government mismanagement.