Indeed it is that time again. Wednesday not only brings forth a new month, but also new weekly fuel prices – and it’s bad news for motorists all around because it’ll again be costlier to fill up from tomorrow onwards, no matter what you pump into your vehicle.
From November 2, all fuels will be four sen more expensive, with RON 95 being priced at RM2.24 per litre (up from RM2.20 last week) and RON 97 at RM2.54 per litre (up from RM2.50).
Meanwhile, Euro 2M diesel will now retail at RM2.17 per litre this week (up from RM2.13), and Euro 5 diesel – always higher by 10 sen over Euro 2M – is at RM2.27 per litre. These prices take effect from 12.01am until November 8, when the next round of fuel prices will be announced.
This is the 32nd weekly fuel pricing update since the system’s implementation on March 30. Compared to March 2017 prices, which was the last month before weekly pricing took effect, RON 95 is down by six sen (from RM2.30 per litre), RON 97 by six sen (from RM2.60 per litre) and Euro 2M diesel is down by three sen (from RM2.20 per litre).
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AI-generated Summary ✨
Comments mostly focus on the impact of fuel price increases, with concerns over rising living costs and inflation of goods like food and beverages. Some highlight the government's inconsistent policies, subsidies, and lack of transparency on fuel pricing formulas. Several mention the correlation between fuel prices and global crude oil rates, and others suggest that rising fuel costs influence lifestyle adjustments. Overall, there's frustration about economic inequalities and skepticism toward government actions related to fuel subsidies and pricing policies.