Time for another weekly fuel update, and for the coming week, fuel prices will remain unchanged from the previous week.
From tomorrow, September 7, RON 97 will remain at RM2.50 a litre (the same as last week). Meanwhile, RON 95 petrol continues to be sold at RM2.08 per litre, the maximum price consumers pay no matter how high market prices push pump prices.
The same can be said of Euro 2M diesel, which continues to retail at RM2.18 per litre, while Euro 5 diesel – which is 10 sen more than Euro 2M diesel – is priced at RM2.28 per litre.
Based on the finance ministry’s Automatic Price Mechanism (APM) calculations, RON 95 petrol would be priced at RM2.20 per litre while diesel would be at RM2.26 per litre without the price cap in place. The government would absorb an estimated RM52.61 million in fuel subsidy costs for the period of September 7 to 13.
These prices will remain in effect until September 13, when the next set of fuel pricing adjustments are announced. This is the 35th edition of the weekly fuel pricing format, which is announced every Friday.
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