It’s Wednesday, which means it is now time for the weekly fuel price update by the finance ministry, which has announced the retail prices of fuels for the coming week of May 30 to June 5, 2024.
The status quo for retail fuel pricing continues, as it has since September 2023, which has RON 97 petrol remaining at the rate of RM3.47 per litre where it also was last week. RON 95 petrol continues at its present ceiling price of RM2.05 per litre, as set by the Malaysian government in February 2021.
Similarly, the retail price of Euro 5 B10 and B20 diesel stays unchanged at RM2.15 per litre, likewise the Euro 5 B7 grade of diesel remains, at 20 sen per litre more, at RM2.35 per litre. Changes are on the horizon with the rolling out of the targeted diesel subsidy programme, and the pump price for Euro 5 diesel at unsubsidised stations is RM3.33 per litre as of today, May 29.
These prices will take effect from midnight tonight until Wednesday, June 5, 2024, when the next set of fuel price updates will be announced. This is the 22nd edition of the weekly fuel pricing format for this year, and the 281st in total since the format’s introduction at the start of 2019.
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Possible date for new diesel pricing..July 1 ?
Possible date for new petrol Ron95 pricing Jan1.2025?
What r the repercussions?
Are the poor rakyat ready for huge uptick in monthly household expenses?
Will there be more pressure on KWSP to allow more emergency withdrawals again,apart from account 3 ?
It seems a WIN WIN situation is a myth now.
It is not even WIN LOSE.
The new reality is LOSE LOSE.There will be no winners,like the Ukraine war.
In life…TIMING is very crucial.U may have good intentions to reduce subsidies,but WRONG timing is counterproductive.Many M40 are actually the NEWLY b40.
There will never be a right timing, poor will still be poor and rich will stay as it is in ten years time the attitude in life matters. we just have to bite the bullet on this one..
As above.
PH Gomen continue to troll millions of Msians
Menang hari ini, esok minyak tetap tidak turon harga – redobasi.
America, UK, France, Germany are all facing the same issue.
Global elites who have heavily invested in the EV industry are pushing govs to increase the crude fuel price.
They thought that people will switch to EV quickly but the people hae awakened. After knowing that all EVs are softwagre controlled and can be easily shut down or geo-fenced… people are staying away from EVs..
Try not paying your phone bill or internet bill… see if your phone or internet can be disabled!!. This is the same concept in EV cars.
The Global elites want to control everybody and prevent people from going anywhere. They want us living in 15 minute cities and stay put in our container/tiny houses!!
Alright grandad, time for bed. Now put on your pants, take off your tinfoil hat and go to bed.