With Friday comes another round of the usual weekly fuel price update. For the coming July 18 to 24 week, motorists will continue to pay the same pump prices they did the previous week, as there are no price revisions for both petrol and diesel.
The ministry of finance has announced that Euro 4M RON 95 petrol will continue to be priced at RM1.72 per litre as it was last week. Likewise, the price of RON 97 remains at RM2.02 per litre.
Meanwhile, Euro 2M diesel continues to be priced at RM1.87 per litre. This means that Euro 5 diesel, which costs 10 sen more than Euro 2M diesel, remains priced at RM1.97 per litre in the coming week.
These prices will remain in effect until July 24, when the next fuel price update is announced. This is the 28th edition of the weekly fuel pricing format for 2020 and the 80th edition in total for the format, which runs from Saturday until the following Friday.
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Thank you Slim, Perak people.
x ade chance turun lagi ke?
Most important is save lives then save jobs, only then think how to pay back. At least this gomen knew to get their priorities right.
Getting lame.. when dip in crude oil price.maintain prices.. to buy time hoping to hike next week. Pls fly the kite to north n south pole
7/3 RM1.89, Brent USD35
14/3 RM1.82, Brent USD28
21/3 RM1.44, Brent USD27
28/3 RM1.38, Brent USD23
4/4 RM1.30, Brent USD32
11/4 RM1.25, Brent USD33
18/4 RM1.25, Brent USD23
25/4 RM1.25, Brent USD22
2/5 RM1.25, Brent USD27
9/5 RM1.25, Brent USD30
16/5 RM1.31, Brent USD35
23/5 RM1.38, Brent USD35
30/5 RM1.43, Brent USD38
6/6 RM1.48, Brent USD41
13/6 RM1.56, Brent USD38
20/6 RM1.59, Brent USD42 (but USD dollar drop a lot)
27/6 RM1.69, Brent USD41.02
3/7 RM1.65, Brent USD43.05
10/7 RM1.72, Brent USD42.16
17/7 RM1.72, Brent USD43.14
Parking here for the lulz comments that Brent crude has dropped a lot.
Late last year it was at USD65 per barrel. Our national budget was based on USD61 per barrel. People keep saying the price is going down because comparing to USD41, it is a huge USD24 per barrel which equal tu RM102 reduction in price. Our FM already said we are losing RM300m in every USD1 reduction in oil price.
Our leaders need money to pay back the $$$ took out for economy stimulus. RM250 billions may take forever to pay back if not careful.