Gov’t announces that RON 95 and diesel prices will remain fixed, but RON 97 to follow market prices

Gov’t announces that RON 95 and diesel prices will remain fixed, but RON 97 to follow market prices

The government says that the price of RON 95 and diesel will be fixed, but that of RON 97 will follow market prices. Prime minister Tun Dr Mahathir Mohamad made the announcement at a press conference following a Cabinet meeting that was held earlier today.

This means that RON 95 petrol will remain priced at RM2.20 per litre and Euro 2M diesel at RM2.18 per litre, while Euro 5 diesel will be priced at RM2.28 per litre. As for RON 97 petrol, it is currently priced at RM2.47 per litre – it was not stated when revisions based on market prices for the fuel will begin. Keep in mind that the price of RON 97 is currently GST-inclusive, and could be priced at RM2.33 per litre without GST, barring further announcements made by the government.

The last time there was a change in fuel prices was during the fourth week of March, which saw a 10 sen increase across all fuel types and grades.

On May 17, Tun Mahathir announced that the weekly fuel price adjustment system, in place since March 2017, would be discontinued, stating that weekly price changes were not good for both petrol station operators and the public.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Eh, what happen to Manifesto wanna fix petrol prices at Rm1.50 for eternity? Alredi mudah lupa kah?

    Well-loved. Thumb up 205 Thumb down 109
    • Rob Mugabe on May 30, 2018 at 4:49 pm

      There was no such manifesto. Please don’t spread fake news like before. Still trying so hard to stir trouble

      Thumb up 36 Thumb down 35
      • Nov 21, 2017 – “Ini berbeza dengan Pakatan Harapan (PH) yang telah berjanji akan menurunkan harga minyak ke paras RM1.50 ke bawah.” – Suarapakatandaily

        Thumb up 43 Thumb down 15
      • Quentin on May 31, 2018 at 8:36 am

        PH only promise they will stabilize the price, said nothing about reduction, which I think is happen, price remains the same after GE14. If BN still in power we still have weekly price up & doewn which is not good for station operator & members of the public

        Thumb up 6 Thumb down 5
        • U can search thru all the PH propaganda. Its pounded again and again they promised Rm1.50. Stop trying to vainly justify their broken promises.

          Thumb up 6 Thumb down 5
    • Geng Cukur on May 30, 2018 at 5:05 pm

      Kangkung remain Rm1.50/peket. Cukurr

      Thumb up 6 Thumb down 7
    • YB Albert on May 30, 2018 at 6:48 pm

      John,why dont u ask your former idol,the current price of kangkung? due to wet season,it is shooting up whether got gst or not.
      HIGH TIME,u enrol in a course in UNREVERSE PSYCHOLOGY.

      Thumb up 10 Thumb down 12
    • Karam singh on May 30, 2018 at 7:45 pm

      Stupid john. That was when world price was usd40/barrel and so it was making sense to pricr at 1.50/litre. Today world price is back to norm of USD 70/barrel.

      Thumb up 9 Thumb down 23
      • Oh now u pipu said its due to higher world oil prices kah? So meaning from Nov until March every week hentam oil price change is just wayang to tipu rakyat lah?

        Thumb up 39 Thumb down 10
      • kzm (Member) on May 31, 2018 at 3:06 am

        then why before u complaint n angry when ron95 price going up? some pipu before even say we are oil producing country so price should be low.. not apply anymore?

        Thumb up 8 Thumb down 0
      • kingslayer on May 31, 2018 at 8:52 am

        Suddenly the mantra “Malaysia is rich with oil, we export oil, why don’t we have cheaper oil like Brunei, etc…” disappear.

        Gone those ‘rakyat’ that terhimpit because of the oil price… they have been educated that external factors do affect the local oil pricing..

        Really #MalaysiaBaru, ‘rakyat’ way of thinking already rationalized!! Kudos!!!

        Thumb up 8 Thumb down 1
  • polla on May 30, 2018 at 3:46 pm

    Price no change, Kerajaan prihatin..

    Thumb up 21 Thumb down 22
    • Prihatin la sgt on May 30, 2018 at 4:07 pm

      Fuel price no change, car price??

      Thumb up 10 Thumb down 3
    • Mana janji Rm1.50 per liter? Prihatin ptui!

      Thumb up 54 Thumb down 16
    • AutoFrenz (the original) on May 30, 2018 at 4:20 pm

      So RM1.50 when…janji dicapati

      Thumb up 46 Thumb down 7
    • Mohd Ghazali bin Badrul on May 30, 2018 at 4:27 pm

      Lucky we have a clean Government. Otherwise, our petrol by now will be RM3 per litre.

      Kerajaan sangat prihatin. Despite 1 trillion hutang, kerajaan care for the rakyat.

      I am thankful we got a kerajaan who cares for the rakyat now

      Thumb up 36 Thumb down 49
      • Dajal on May 31, 2018 at 2:19 am

        You do realize that the difference is paid from your own taxes money? For every rm1 you get in fuel subsidies mean you lost rm1 in governments services something else. Money doesn’t grow on tree

        Thumb up 4 Thumb down 0
      • Isaac on May 31, 2018 at 4:13 pm

        Hi all mana ada janji rm 1.50 per liter only janji stable price

        Thumb up 4 Thumb down 2
  • There will be a moment when both have the same price later. Can Tun M just fixed it to RM2?

    Thumb up 2 Thumb down 0
  • markgoh on May 30, 2018 at 4:06 pm

    ron97 should be no more GST after 31-May…
    what is the latest price if without GST..??

    Thumb up 3 Thumb down 0
  • Ben Yap on May 30, 2018 at 4:28 pm

    Within 5 years with the change of new government, Malaysia’s ringgit will strengthen to RM1 = SGD3.

    All malaysians working in Singapore will be longing to come back.

    Thumb up 4 Thumb down 16
  • Mikey on May 30, 2018 at 4:37 pm

    This is GOOD news for Rakyat in general who use Ron 95 & Diesel. As for those who can afford Ron 97 or higher, please do not complain as U have a choice to use Ron 95 if U wanted to. TQVM Harapan.

    Thumb up 21 Thumb down 22
    • peter on May 30, 2018 at 6:21 pm

      I use RON97 because its a significantly cleaner fuel and beneficial for not only your health, but for your children and your children’s children.

      Thumb up 11 Thumb down 7
  • markgoh on May 30, 2018 at 4:52 pm

    better cease the RON95 and subsidy the RON97 but not the V-power Racing pro and above…

    or upgrade all to euro 4m above…

    Thumb up 8 Thumb down 4
    • intermilan on Jul 25, 2018 at 9:34 pm

      Malaysian government has committed to upgrade RON96 petrol to Euro4 by September 2018.

      This actually has been delayed afew times (so Sept 2018 is the latest deadline).

      Let see if this will be realised or delayed again.

      Thumb up 0 Thumb down 0
  • Leafable on May 30, 2018 at 6:25 pm

    Oh dear. In this day and age who still subsidise fuel apart for low income country like Congo or some other African countries. Malaysia going backward.

    Thumb up 16 Thumb down 2
  • Rakyat Sekarang bukan rakyat dulu on May 30, 2018 at 9:18 pm

    X turun pun x apa rakyat faham keadaan kerajaan Sekarang.. At least bagi breakdown the actual price… Kalau kerajaan ikhlas, transparency.. Apa Salahnya Nak bagi tau Kpd rakyat. Rakyat vote for transparency NOT vote for hidden.

    Thumb up 14 Thumb down 9
    • Rakyat Malaysia on May 30, 2018 at 10:13 pm

      Rakyat vote utk transparent. Kalau janji xtunai maka xtransparent lettew. Ini mcm janji mau kawin, lepas main kata xjadik. Ingat kami bodoh ke?

      Thumb up 25 Thumb down 1
      • Abaraikun on May 31, 2018 at 8:36 pm

        Sembang dulu…babi pun boleh terbang…tiba2 sekarang..babi jalan kaki jugak pakatooon pakatooon

        Thumb up 4 Thumb down 0
    • Cukur cucur.. petrol down rm1.50

      Thumb up 0 Thumb down 0
  • Change from one Devil to another Devil. These politicians are mostly the same, a bunch of liars. So easy to make promises n give excuses.

    Thumb up 4 Thumb down 2
  • xoxox on May 31, 2018 at 8:37 am

    actually now the fuel price is below market float price also…for Ron 97 if GST remove, and follow back the market float price, i think almost the same with current price too…for Ron 95/diesel, i think no point to reduce the price since reduce the pricing wont actually reduce the goods price…u know la…best is just fix it at current rate and subsidies it…so that the B40 doesn’t “bleed” due to high fuel price

    Thumb up 0 Thumb down 2
  • Ollie on May 31, 2018 at 6:51 pm

    Weekly price adjustment is not good for rakyat and petrol pump operators? The few rich people who operate petrol pump needs protection? For te rakyat it’s good to see the price going down. Malaysia has no money to pay is debts but willing to subsidise petrol? Huh?

    Thumb up 2 Thumb down 1
  • manimaran s/o krishnasamy on Jun 01, 2018 at 9:59 am

    government is trying it’s level best to stabilize the country,please don’t blame them,appreciate what they are doing,it’s not an easy job.. .

    Thumb up 0 Thumb down 3
 

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