It’s fuel price Friday, and this week will see prices contiue the upwards trend for the coming week of November 21 until November 27.
The ministry of finance has announced that Euro 4M RON 95 petrol will be priced at RM1.64 per litre, two sen up from the RM1.62 per litre pricing of last week. RON 97 petrol similarly gets adjusted to RM1.94 per litre this week, up from last week’s price of RM1.92 per litre.
Diesel fuel users will see an even greater price hike, with Euro 2M diesel gaining seven sen this week to RM1.81 per litre, up from RM1.74 per litre of last week. Correspondingly, Euro 5 diesel, being priced 10 sen more than Euro 2M diesel, will be priced at RM1.91 per litre this week.
These prices remain in effect until November 27, which is when the next round of fuel price updates will be announced. This is the 46th edition of the weekly fuel pricing format, and the 98th in total since the introduction of the format – running from midnight on Saturday until the following Friday – from the beginning of 2019.
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Ini semua salah Trump kalah so USD is on the rise again. Sigh…
The fact is, US Dollar weakness across the board correspondingly drove the currency back down to 2 years low.
CMCO lifted, green zone travel bubble allowed, so this is the time to increase fuel price.
Blame it on Forex
Last week USD1= RM4.12, today USD1=RM4.09. Yes, let’s blame the Forex.
FYI This week’s oil prices are based on last week’s Forex.
If it is the case, last two week USD1=RM4.13.
So isn’t that case? Last 2 week USD went up 1sen and petrol went up 1sen. Logically deduced by Avenger.
Last two week Brent Crude at USD37, this week it is at USD43. Deduced?
You don’t geddit do you? You use end last of 2 week exchange to benchmark last week crude oil. Why compare last 2 week prices with this week. You should compare 2 weeks prices with last week.
Up 2 sen is okay. Green zone travel bubble open, rakyat can move around…As long officers can drive jalan2 with beloved family in spanking luxury Phantom Rolls Royce, Range Rover Turbo, Ford Mustang GT, Audi RS, Nissan GTR, Mercedes AMG.. happy n peace #kitajagakita
What is going on here is the reversal of forex la. USD actually keep going down. Last 2 week it is at RM4.13, last week RM4.11, this week RM4.09. Our Ringgit is getting stronger, not the other way around.
The reason for the increase is not the stronger USD. The reason behind thus 2 sen increase is due to Brent crude price is on up trajectory.
Last two week 1 barrell at USD37=RM152.81, last week at USD40=RM164.40, this week at USD43=RM175.
Maybe forex player referring to their own forex rate which is unofficial?
Get it, it is due to crude brent price increase and not because USD getting stronger which they don’t.
Expect pump prices to rise m next week (Nov 21-26) since FOREX trend is pointing downwards thus effecting oil revenue.
Malaysia is oil producing country… all this money go where? Rakyat gotta pay the price.. and every week goin UP. Rakyat suffering
This don’t make sense. Thailand’s pump prices just went down on Thursday. All down 6 cents a litre. How can ours go up?
Thai exchange is also rising in tandem with USD.
Malayia petrol prices still cheapest in the region….but wait, our gaji also quite cheap-cheap, and uni grad starting salary almost unchanged a decade ago.
So, how? Cheap but unafordable?
Uni grad starting salary almost benchmark vs bangla n indon maid Cheap starting salary almost unchanged a decade ago..Uni grad can learn better english from bangla, yg penting jgn bodosombong…..dan jgn ambik jalan shortcut.