The ministry of finance has announced the fuel price adjustment for the week of March 25 to 31, and again, only one fuel gets a price revision, and that’s RON 97 petrol. There’s another increase this week, with the fuel going up three sen to RM2.50 per litre (RM2.47 last week).
There is no change to the pump price of RON 95 petrol. The fuel remains capped at RM2.05 per litre, which is the highest rate users will pay for the grade.
Similarly, the price for Euro 2M diesel remains unchanged 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, despite market prices continuing to climb.
These prices take effect from midnight tonight until Wednesday, March 31, when the next set of fuel price adjustments will be announced. This is the 13th edition of the weekly fuel pricing format this year, and the 116th in total since the format was introduced in January 2019.
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Last week Brent Crude price – US$67. RON 97 price: RM2.47.
Today Brent Crude price – US$61. RON 97 price: RM2.50.
Go figure.
Lol not only that in fact oil price has been going down since the 15th March (now just wonder how did they calculate weekly price) come on government please enlightened us last week you have sponsored us RM0.30 for RON95 so today its sponsoring RM0.35 maybe and we should be thankful to support your coffers?
Petrol dealers laughing to the bank … Salam puasa guys
Why laughing how many people uses RON97 the increase only marginal impact to the dealer’s revenue. If RON95 increase then not only laughing they will be rolling to the bank
As long still among the cheapest in the region, syukurr
This week price is based on last week calculation. Always 1 week delay. Understandable.
Petrol station operator didnt come out and complain earning too much?
Brent Oil price down, how come price increase?