May 2020 week one fuel price – no change in pricing

May 2020 week one fuel price – no change in pricing

It’s Friday, which means it’s time for the regular weekly fuel price update. There is no change in the price of all fuels for the coming May 2-8 week, which is good news for those heading back to work from next Monday following the announcement by prime minister Tan Sri Muhyiddin Yassin earlier today that almost all economic sectors and business activities will be allowed to reopen on May 4.

The ministry of finance has announced that the price of Euro 4M RON 95 petrol continues on as it was last week, at RM1.25 per litre. Similarly, there is no change in the price of RON 97, which remains at RM1.55 per litre.

As for Euro 2M diesel, that remains at RM1.40 per litre, and so this means that Euro 5 diesel, which costs 10 sen more than Euro 2M diesel, continues on at RM1.50 per litre for the coming week.

Fuels remain cheap as a result of global crude oil prices continuing to remain flat through oversupply and low demand, with Covid-19 having grounded aviation and limited the movement of surface travel and vehicular use in many places.

These prices remain effective until May 8, when the next fuel price update is announced. This is the 17th edition of the weekly fuel pricing format for the year and the 69th edition in total for the format, which runs from Saturday until the following Friday.

Looking to sell your car? Sell it with Carro.

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

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

  • DPcraft on May 01, 2020 at 6:09 pm

    1liter minyak RON95 , RM1.25 = 1 Roti canai

    Like or Dislike: Thumb up 9 Thumb down 3
    • Semenanjung Tanah Rohingya on May 01, 2020 at 6:51 pm

      Conclusion, roti parata roti chennai is over-priced!

      Like or Dislike: Thumb up 9 Thumb down 0
      • Ketuanan on May 02, 2020 at 12:45 am

        i like ur name… LOL

        Like or Dislike: Thumb up 1 Thumb down 2
        • rakyat malaysia tulen on May 02, 2020 at 1:17 pm

          Exactly.. gv them 6 full weeks to cleanse our land off foreign workers. But result is D for dismal. And then let PKPB for ppl go Jogging, badminton, cycling, tennis, golf…

          Dun they know ppl in such activity mingled & ignored social distancing. Saddings our leaders … Back to their delusion old self. Ruled without us the masses, ppl at heart .. Lost touch with hard reality now of fellow marhaen Msians. How can we continue rely on these shallow minded & self centred pemimpin. Using their political clout to grab every high-paying GLC jobs. We shall see..

          Like or Dislike: Thumb up 7 Thumb down 5
          • M. Zin on May 04, 2020 at 1:35 pm

            PKP bukannya untuk halau orang asing la ngok. PKP juga bukannya cuti, ia untuk mematahkan serangan jangkitan COVID-19.

            Like or Dislike: Thumb up 0 Thumb down 1
      • Civic Turbo 2018 on May 02, 2020 at 8:43 am

        Tipu lagi. Harga kena rendahkan ikut minyak harga dunia. Sekarang PKP nak buka minyak tak turun pulak.

        Like or Dislike: Thumb up 3 Thumb down 4
        • Harga minyak dunia sudah naik balik bro.

          Like or Dislike: Thumb up 4 Thumb down 3
          • BbalingBiru on May 03, 2020 at 11:20 am

            The last time it was fixed at current price, WTI price was > $20, then dipped to -$40, now lingering below $20. My opinion is, current price is where the BOTTOM LINE IS. It’s the cost of producing fuel up to the pump station, without oil cost.

            Like or Dislike: Thumb up 3 Thumb down 3
    • Rakyat Malaysia on May 02, 2020 at 7:53 am

      Thank you so much Prihatin Nation. If it were PH, our petrol would be Rm4.00 a liter.

      Like or Dislike: Thumb up 16 Thumb down 4
  • 5.7L V8 SUV on May 01, 2020 at 6:51 pm

    My car: What a time to be alive.
    Covid-19: Nope

    Like or Dislike: Thumb up 4 Thumb down 0
    • Trims kaseh PN!

      Like or Dislike: Thumb up 7 Thumb down 2
      • Tanah Semenanjung Rohingyah on May 03, 2020 at 1:25 pm

        Many govt agencies without exact purpose and contribution, duplicated functions too. COVID is a signal to live more simpler, get rid off all bloated excesses. Time to go for good..

        MAI, MAA, MIMOS, MIROS, MEIO, MDB ….

        Like or Dislike: Thumb up 2 Thumb down 0
  • RM1/L RON97 not approved by back alley felines on May 01, 2020 at 8:07 pm

    Fuel price remains unchanged therefore PDAM bosses lives happily ever after.

    Like or Dislike: Thumb up 5 Thumb down 0
  • vivizurianti on May 02, 2020 at 9:48 am

    PDAM bosses still making 10 cents face…..

    Like or Dislike: Thumb up 0 Thumb down 0
    • They don’t like PN era low oil prices. They loved the times of PH era where prices were record highest ever in history.

      Like or Dislike: Thumb up 3 Thumb down 4
      • Hantu Raya on May 03, 2020 at 8:52 am

        harga tinggi atau rendah, margin remain the same la…
        what kills it for dealers is price fluctuations.

        price go up = extra margin for existing stock, which will be utilized to buy new stock at new higher price.

        price go down = loss for every litre sold for existing stock = break even (for fuel sale only) at best, or capital hilang into thin air.

        5 sen movement is already damaging, imagine 38 sen, when margin is fixed at 15 sen. if remaining stock low then ok la, but if just stocked up 21 kilo litre then how??? buta2 suffer 5k loss. maybe to you guys 5k is chicken feet but where i come from thats enough for a months wage for three staff.

        dealers goes bust = stations close down = consumers & businesses have difficulty finding fuel + increase in unemployment + loss of business for convenient store suppliers = disruption in economy.

        Like or Dislike: Thumb up 0 Thumb down 6
  • Iced Milo on May 02, 2020 at 10:27 am

    When petrol price rise, iced Milo rise to RM3.00, any discount after this?

    Like or Dislike: Thumb up 2 Thumb down 0
    • vivizurianti on May 04, 2020 at 10:09 am

      Petrol price goes down….ice milo still RM3 becoz restaurant boss make “donno face”.

      Why? Greediness. Also, boss wanted to maintain his lavish lifestyle

      Like or Dislike: Thumb up 0 Thumb down 0
 

Add a comment

required

required