Another Friday, and another round of the weekly fuel price update. More good news for RON 97 petrol users, because the price of the fuel has dropped again. It will be priced at RM2.41 per litre for the coming week (February 1 to 7), down eight sen from last week.
With the petrol subsidy programme (PSP) still on hold, no change to Euro 4 RON 95 petrol pricing, which continues on at the fixed ceiling price of RM2.08 per litre. The same goes for Euro 2M diesel, which stays at RM2.18 per litre, while Euro 5 diesel – typically 10 sen more – remains at RM2.28 per litre.
According to the finance ministry, calculations from the Automatic Price Mechanism (APM) show that RON 95 petrol would be priced at RM2.11 per litre and Euro 2M diesel at RM2.18 per litre if there were no price caps in place. It added that for the period of February 1 to 7, the government will absorb a total of RM10.43 million to subsidise these fuels.
These prices remain effective until February 7, when the next fuel price update is announced. This is the fifth edition of the current weekly fuel pricing format for the year and the 56th edition in total for the format, which runs from Saturday until the following Friday.
Looking to sell your car? Sell it with Carro.
AI-generated Summary ✨
The comments focus primarily on reactions to fuel prices, with many thanking the government for the recent 8-sen decrease in RON 97 petrol, and some expressing skepticism about government promises of lower prices. Several comments criticize political figures and parties, accusing them of unfulfilled promises and corruption, especially concerning fuel subsidies and economic management under PH and BN. Others relate fuel prices to broader issues like cost of living, government honesty, and meritocracy. A few comments dismiss off-topic debates, insults, or unrelated political discourse. Overall, the sentiment is mixed: gratitude for the lower fuel prices contrasted with distrust in political promises and accusations of corruption, with some commenters emphasizing personal financial discipline to cope with high fuel costs.