Another Friday, and so it’s time once again for the weekly fuel price update. The upward climb of RON 97, which has seen the fuel climb from RM2.27 in mid-February to RM2.63 per litre last week, has been halted for now.

This means that the price of all retail fuel in the country remains the same as it was last week – RON 97 is at RM2.63 per litre, while RON 95 petrol continues to be pegged at RM2.08 per litre, the maximum price consumers pay no matter whether high market prices push pump prices beyond that.

Diesel continues to be priced at RM2.18 per litre for Euro 2M fuel, while Euro 5 diesel continues to hold the 10 sen margin at RM2.28 per litre. The government says that without the price cap in place for fuels, RON 95 petrol would otherwise cost RM2.33 per litre and diesel would then cost RM2.36 per litre, if priced according to Automatic Price Mechanism (APM) calculations.

These prices take effect from tomorrow, April 6, and will remain in effect until April 12, when the next set of fuel pricing adjustments will be announced. This is the 14th edition of the weekly fuel pricing format, which is announced every Friday, and takes effect from Saturday until the following Friday.