It’s Wednesday, bringing us to our mid-week musings for our national fuel prices… which have no changes to show for this week.
The fourth week of April sees fuel prices remain level from last week, at RM2.20 per litre for RON 95 (unchanged), RM2.47 for RON97 (unchanged) and RM2.18 per litre for Euro 2M diesel (unchanged).
As par for the diesel course, Euro 5 diesel stays 10 sen pricier than the Euro 2M equivalent and therefore will be pegged at RM2.28 per litre, also unchanged from the week prior. This marks the fifth consecutive week since the last price fluctuation for all fuel grades and types, which saw a 10 sen hike across the board from mid-March.
This week’s fuel price announcement is the 57th since the system took effect at the end of March 2017. Here, the RON 95 petrol retails for 10 sen cheaper than at the beginning of the weekly fuel price float, while RON 97 is now 13 sen per litre cheaper. Meanwhile, diesel now is two sen cheaper than at the programme’s start, from RM2.20 per litre.
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AI-generated Summary ✨
Comments mainly discuss the unchanged fuel prices over four weeks despite rising global oil prices, raising suspicions about government manipulation and lack of transparency in the pricing mechanism. Many express frustration, accusing the government of denying real market influences, especially around elections, and highlight inconsistencies between global prices and local prices. There are concerns about potential future price hikes post-election and skepticism about subsidies and price control systems. Overall, sentiments are mixed but mostly critical of perceived government dishonesty.