March 2021 week one fuel price – petrol prices go up

March 2021 week one fuel price – petrol prices go up

Welcome once again to Friday, fuel price day, and here are the latest price adjustment for the coming week of February 27 to March 3. Once again, petrol users will have to pay more at the pumps.

In the coming week, users of RON 95 petrol will have to pay 5 sen more per litre than the RM2.00 per litre rate of last week at RM2.05 per litre. This will be the highest rate that RON 95 users will pay, as the Malaysian government has set the price cap at RM2.05 per litre. RON 97 petrol users will also experience a similar price hike from RM2.30 to RM2.35 per litre.

Meanwhile, diesel fuel users will see no change in prices, with Euro 2M diesel staying put at RM2.15 per litre. As such, Euro 5 diesel holds position with its 10 sen margin at RM2.25 per litre. Euro 2M diesel, too, will be capped at RM2.15 per litre for Malaysia, should market prices be pushed beyond this point.

These prices take effect from midnight tonight until Wednesday, March 3, when the next set of fuel price revisions will be announced. This is the ninth edition of the weekly fuel pricing format this year, and the 112th in total since it was introduced at the beginning of 2019.

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Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.

 

Comments

  • Global crude oil prices going back up, estimated to reach USD$75 per barrel. This is a good thing as for every dollar goes up, we rake in RM300million. This money is crucially needed at this time for the recovery process with the vaccination have started. Good timing.

    Like or Dislike: Thumb up 43 Thumb down 43
    • Rakyat Malaysia on Feb 27, 2021 at 9:29 am

      Rakyat wanna how much the vaccine cost. This all rakyat money… not their money. Rakyat got the right to know how they splurged, ade brani.

      Like or Dislike: Thumb up 16 Thumb down 62
      • Arab Malaysia Bank pay for it RM2.83b yesterday. TQ.

        Like or Dislike: Thumb up 0 Thumb down 1
      • Spin Too Much on Feb 27, 2021 at 12:30 pm

        We dunwanna know or care how much vaksin cost, asal bagi free. Do we care for smallpox vaksin cost? No, asal bagi free. Do we care for TB vaksin cost? No, asal bagi free. Do we care for polio vaksin cost? No, asal bagi free. Do we care for BCG vaksin cost? No, asal bagi free. Do we care for MMR vaksin cost? No, asal bagi free. Do we care for covid vaksin cost? No, asal bagi free.

        Like or Dislike: Thumb up 26 Thumb down 5
        • Ahmad on Feb 27, 2021 at 1:52 pm

          govt cannot handle and losing grip on Education, Employment, and Covid public health policies … All life matters the rakyat care for better livelihoods and family happiness. Kelangsungan hidup kami rakyat marhaen..

          Like or Dislike: Thumb up 10 Thumb down 0
        • P.Alyanna on Feb 27, 2021 at 2:23 pm

          Fully agreed with brader Spin Too Much. We dunwanna know or care where the money come from. Asal bagi free, same like those free haji trips sponsored by 1Mdb. We dunwanna know, asal bagi free jek.

          Like or Dislike: Thumb up 10 Thumb down 2
        • Casual reader on Feb 27, 2021 at 6:49 pm

          I agree. There should never be a pricetag on national health. We win if we all win in this. In this case money can buy lives and we shouldnt skimp on it.

          Like or Dislike: Thumb up 6 Thumb down 1
          • Panadol pon ade pricetag, ubat 1 baris RM5.

            Vaccine = Ubat ade harge, health = kesihatan is priceless no pricetag. Apa punya Kuat spinning, sampai masok longkang. Malukan bangsa, bodo angkat sendri.

            Like or Dislike: Thumb up 10 Thumb down 5
          • Amboiii!!! Pandainye si auta mengauta ni. Lain negara oangnye dibuli dari cari keje klu x divaksin lagi kena bayar klr dri poket sendri. Inikan dah bagi FREE (FREE TAU!) lagi kuat mau auta disini. Korang tau harge apale guna korang ingt bole beli diluar kat famasi ke? Autalahhh!!!!

            Like or Dislike: Thumb up 5 Thumb down 1
      • All these paid for by EPF dividend 5.2%. There, happy?

        Like or Dislike: Thumb up 4 Thumb down 0
  • Susah la on Feb 26, 2021 at 5:37 pm

    Petrol price mechanism rosak.. PDAM kroni ketawa gelakk. Tengkiu caring gomen Terbest!

    Like or Dislike: Thumb up 79 Thumb down 59
    • Copy Paste on Feb 27, 2021 at 12:24 am

      Copy paste: “bro lu otak ok tak”

      Like or Dislike: Thumb up 16 Thumb down 37
    • Rakyat Malaysia on Feb 27, 2021 at 2:09 am

      Ada petrol mampu milik
      Ada Ativa mampu milik
      Ada MyRail5 mampu milik
      Ada motor mampu milik
      Ada vaksin free
      Ada bantuan free
      Apa lagi mau
      Tengkiu caring gomen. Terbest!

      Like or Dislike: Thumb up 53 Thumb down 47
      • Avenger on Feb 27, 2021 at 9:07 am

        Pelabur lari ekonomi lingkup. Mentri2 xcekap jual nasi lemak. Rakyat susah, gomen xjaga…

        Like or Dislike: Thumb up 14 Thumb down 59
        • Spin Too Much on Feb 27, 2021 at 12:27 pm

          Pelabur xde xpe, rakyat pandai cariq wang besaq.
          Mentri2 xjual nasi lemak xpe asal pandai bagi vaksin fee.
          Rakyat dijaga, susah senang bersama.
          #KitaJagaKita #PatuhSOP #KitaMestiMenang

          Like or Dislike: Thumb up 16 Thumb down 2
        • Casual reader on Feb 27, 2021 at 6:56 pm

          Not all FDI should be welcomed or allowed to stay. It is no coincidence reports of foreign workers abuse and maltreatment are happening more frequently and has surged with influx of FDIs, a clear indication these FDIs are those shady and dirty types that Malaysians wont work at anyways. So such FDIs will be a drag sooner than later and we better stay clear about the aftermath. UNHCR has trained their eyes on those suspected countries and we dont need to be part of it.

          Like or Dislike: Thumb up 6 Thumb down 1
  • george on Feb 26, 2021 at 6:55 pm

    What you give, you get back.

    Like or Dislike: Thumb up 8 Thumb down 2
    • rosdi on Feb 26, 2021 at 11:58 pm

      Minyak mahal nak mampuih. Asyik dengan taktik divide and conquer. Takde modal lain? Gunalah kaedah yg positif skit

      Like or Dislike: Thumb up 9 Thumb down 14
    • Amran on Feb 27, 2021 at 12:50 am

      Rakyat Mesia bijaksana pandai dgn WFH ada peluang carik wang besaq! Lima ari keje rumah je dpt RM 19,000!!! Yg pandai rungut tu jenis tak mau berusaha. Kjaan dah byk bagi peluang carik wang besaq! Cuba & Kaya! Yahooo!!!

      Like or Dislike: Thumb up 20 Thumb down 8
  • Angry Voters on Feb 26, 2021 at 7:02 pm

    Still cheap enough to syukurrrrr……

    Like or Dislike: Thumb up 37 Thumb down 64
  • target price RM2.05 for ron95

    buy buy buy!!! too bad is not share market price ^^

    Like or Dislike: Thumb up 1 Thumb down 1
    • Rakyat Malaysia on Feb 27, 2021 at 9:59 am

      With vaccination programs started, everyone has full confidence in how things being done. Well done!

      Like or Dislike: Thumb up 14 Thumb down 5
  • From what I observed, sometime international crude oil price dropped, government still increase the fuel price. But when international crude oil price increased, government will definitely follow every time. What kind of formulae used?

    Like or Dislike: Thumb up 1 Thumb down 1
  • Bob Mal on Feb 27, 2021 at 9:29 am

    Good Morning Malaysia now only I realised that USD$65 = RM2.05 (with cap) but during April 2020 petrol price was USD$20 but petrol was sold to us at RM1.25 (also with an unknown Cap never mentioned to us)

    So 65/20 = 3.25x but 2.05/1.25 = 1.64x (Bravo we have contributed 2x the amount to the Malaysian economy back then) Thank you good citizen for unknowingly free contribution.

    Like or Dislike: Thumb up 9 Thumb down 4
    • Spin Too Much on Feb 27, 2021 at 12:32 pm

      Production cost is the same whether oil is cheap or expensip. There will be baseline price or else gomen better dun gip us petrol.

      Like or Dislike: Thumb up 7 Thumb down 10
  • zakiah on Mar 01, 2021 at 10:02 am

    School open, back to work at office, petrol up. TQ.

    Like or Dislike: Thumb up 0 Thumb down 0
 

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