March 2021 week four fuel price – RON 97 up by 7 sen

Posted in Local News, Malaysian Fuel Prices / By /

March 2021 week four fuel price – RON 97 up by 7 sen

The ministry of finance has announced the latest fuel price adjustment for the week of March 18 to 24, and there is only one fuel that sees a price change. This is RON 97 petrol, which goes up by seven sen to RM2.47 per litre (RM2.40 last week).

There is no change to the price of RON 95 petrol – it remains at its capped priced of RM2.05 per litre, which is the highest rate users will pay for this grade of fuel.

Similarly, the price for Euro 2M diesel remains at RM2.15 per litre, which means that Euro 5 diesel, which costs 10 sen more, continues at RM2.25 per litre. As is the case with RON 95 petrol, the diesel price cap ensures that fuel buyers in the country will pay no more than this rate even if market prices continue to climb.

These prices take effect from midnight tonight until Wednesday, March 24, when the next set of fuel price adjustments will be announced. This is the 12th edition of the weekly fuel pricing format this year, and the 115th in total since the format was introduced in January 1, 2019.

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

  • Phulosingh88 on Mar 17, 2021 at 5:45 pm

    7sen Ron 97 no reason to hike, but here anything unjustified is possible

    Like or Dislike: Thumb up 7 Thumb down 3
    Reply
    • Copy Paste on Mar 18, 2021 at 2:19 pm

      Copy paste: “Brent crude oil prices have risen by 40.7% to average US$58.67 (RM241) per barrel as of March 1 (average US$56.87 in 2020) and Brent crude oil futures surged above US$70 a barrel on March 8 for the first time since the Covid-19 pandemic began.

      Besides the global vaccination drive fuelling strong global recovery and renewed fuel consumption, geopolitical tensions in the Middle East has also stirred up the geopolitical risk premium in oil markets.

      Higher crude oil prices come in very handy at this time to make up for a potential shortfall in the Ministry of Finance’s (MoF) projected tax revenue collection (+14.6% to RM131.9bil) in Budget 2021. It expects corporate income tax to increase by 8.8% to RM64.6bil and personal income tax to jump by 18.2% to RM42.4bil in 2021.”

      Like or Dislike: Thumb up 6 Thumb down 2
      Reply
  • Meh on Mar 17, 2021 at 6:00 pm

    Rilek geng, RON 97 jer naik 7sen. time PKP so everyone duduk rumah xperlu jalan mana2, Lots of $$$ saved. Bulan depan 1 kampung ramai2 revenge shopping, boleh pegi stadium tinguk bola. Raya pon dah sampai…

    Like or Dislike: Thumb up 8 Thumb down 1
    Reply
  • Ahmadjr on Mar 17, 2021 at 9:12 pm

    Mana baju bersih aku ni?? Aku nak mengamuk kat dataran

    Like or Dislike: Thumb up 2 Thumb down 3
    Reply
 

Add a comment

required

required