April 2020 week one fuel price – RON 95 drops to RM1.30, RON 97 now RM1.60, diesel down to RM1.58

April 2020 week one fuel price – RON 95 drops to RM1.30, RON 97 now RM1.60, diesel down to RM1.58

With Friday comes another weekly fuel price update, and again, more wonderful news for motorists, but unfortunately most won’t be able to fully capitalise on it as a result of the movement control order (MCO) limiting movement and travel.

The ministry of finance has announced that the price of all fuels has dropped again for the coming April 4 to 10 week. The price of Euro 4M RON 95 petrol has dropped by eight sen to RM1.30 per litre (from RM1.38 per litre last week), while RON 97 also gets an eight sen reduction to RM1.60 per litre (from RM1.68 last week).

As for Euro 2M diesel, that has dropped by 10 sen, and so the fuel now goes for RM1.58 per litre (previously, RM1.68). This means that Euro 5 diesel, which costs 10 sen more than Euro 2M diesel, will be priced at RM1.68 per litre.

April 2020 week one fuel price – RON 95 drops to RM1.30, RON 97 now RM1.60, diesel down to RM1.58

The price reduction that has been happening in the past few weeks is a result of falling crude oil prices globally due to an “oil war” among oil-producing countries – at one point a day or so ago, the barrel price dropped below US$20, with fears that it could go as low as US$10 or even into the negative.

That has been temporarily arrested into an uptrend, but expect to see fuel prices hovering around this region for a while, given the lack of fuel consumption globally as a result of the Covid-19 outbreak, which has grounded aviation and limited the movement of vehicle travel in many places.

The prices remain effective until April 10, when the next fuel price update is announced. This is the 13th edition of the weekly fuel pricing format for the year and the 65th edition in total for the format, which runs from Saturday until the following Friday.

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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

  • Engineer on Apr 03, 2020 at 6:36 pm

    RM0.50/L orso kenot Ronda2. Go rempit ok kot

    Like or Dislike: Thumb up 6 Thumb down 0
  • azrai on Apr 03, 2020 at 6:36 pm

    If you get things that you desire, there may be unforeseen and unpleasant consequences.
    Be careful what you wish for, lest it come true.

    Like or Dislike: Thumb up 6 Thumb down 1
    • Hantu Raya on Apr 06, 2020 at 9:00 am

      Go tell that the climate alarmists la. They got what they wanted at everybody’s expense- in other words – if you want 0 carbon emissions NOW, then tank the world’s economy, go broke n go hungry.
      …the world will end in 12 years lah sangat… That’s what they said about the polar bears back in 90s. Polar bears a booking today…

      Like or Dislike: Thumb up 4 Thumb down 1
    • Logical Deduction on Apr 06, 2020 at 12:22 pm

      Some people wished for change and yet they are unhappy when change did happen. Yes, they should be careful what they wished for.

      Like or Dislike: Thumb up 7 Thumb down 0
  • 5.7L V8 SUV on Apr 03, 2020 at 6:44 pm

    Fuel price drop significantly every week…… Covid-19…. stay home…… Hahaha we’re being trolled.

    Like or Dislike: Thumb up 2 Thumb down 0
    • Dredd on Apr 07, 2020 at 7:05 pm

      Not for us frontliners having to go for work daily. This is a godsent for us.

      Like or Dislike: Thumb up 4 Thumb down 0
  • M & B on Apr 03, 2020 at 6:46 pm

    Waiting for RM1.50 for RON97 and Diesel

    Like or Dislike: Thumb up 2 Thumb down 0
  • RM1/L petrol coming soon on Apr 03, 2020 at 7:25 pm

    A very big thank you to Putin Russia for RM1/L petrol

    Like or Dislike: Thumb up 4 Thumb down 0
  • Syukur kerajaan Melayu baru... on Apr 03, 2020 at 7:31 pm

    As above

    Like or Dislike: Thumb up 9 Thumb down 3
  • Rakyat Malaysia on Apr 03, 2020 at 9:44 pm

    Janji ditepati… oleh PN! Really love this gomen!

    Like or Dislike: Thumb up 11 Thumb down 10
  • Amran on Apr 03, 2020 at 9:57 pm

    Thanks to MCO, I am saving so much. Now after 14 Apr I can use petrol that will be way lower compared to I last pumped just before MCO started. Well done PN Government! People’s Nation stronk!

    Like or Dislike: Thumb up 10 Thumb down 6
  • vivizurianti on Apr 04, 2020 at 9:34 am

    Syukur x10000. With such low price of petrol, diesel……I hope the logistic companies will lower their cost of transportation, and ease the nation’s hardship during deadly covid19 spread in Malaysia.

    Like or Dislike: Thumb up 8 Thumb down 2
  • Last time this kind of news people really happy but not now

    Like or Dislike: Thumb up 4 Thumb down 0
    • rosdi on Apr 05, 2020 at 3:28 pm

      Imma happy Grabfood rider , saved RM10 per day

      Like or Dislike: Thumb up 10 Thumb down 3
    • Rakyat Malaysia on Apr 05, 2020 at 6:11 pm

      We are ecstatically happy beyond our wildest hopes. This is the real Harapan guys and gals!

      Like or Dislike: Thumb up 10 Thumb down 4
  • HAHAHA on Apr 05, 2020 at 12:54 pm

    PDAM? Where are u?

    Like or Dislike: Thumb up 0 Thumb down 0
 

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