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There will be some massive changes to the grade and price of petrol and diesel we buy at the pumps in Malaysia this year.
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APM: How Fuel Prices Are Calculated in Malaysia
The formula used to calculate the price of fuel in Malaysia is called the Automatic Pricing Mechanism (in place since 1983) and its function is to stabilize the price of petrol and diesel in the country.
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Shahrir: ex-refinery prices have not come down so pump prices will not come down
Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad says the ex-refinery prices of petrol and diesel in Malaysia have not dropped in tandem with crude oil prices so there is unlikely for prices […]
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Cheaper RON95 fuel to be introduced mid-2009
It’s right in the middle of the month now, and some of you might be wondering what happened to any fuel price revisions that typically happens at the starting of a month, and whether there […]
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Malaysian diesel to be Euro 2M grade in 2009
Good news for diesel owners! This goes out especially to those who took the leap of faith and purchased cars with advanced diesel engines like the BMW 530d and the Mercedes-Benz E270 CDI, and also […]
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Petrol and diesel prices slashed by 10 sen tonight!
It’s the middle of the month again, which means it’s time to revise the fuel prices! In line with the lower average prices for crude oil over the past month, the government has decided to […]
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DAP: Allow fuel retailers to discount fuel
DAP gave a pretty good suggestion earlier this week with regards to how petrol and diesel is priced in Malaysia. They’ve suggested that fuel retailers in Malaysia be allowed to compete to offer the best […]
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Fuel price cut tonight: 10 sen for all fuels
The Prime Minister's Office has announced that the prices of fuel in Malaysia will be slashed by 10 sen each effective midnight tonight.
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Shahrir: Petrol price cut before Hari Raya Haji
Datuk Shahrir Samad announced that Malaysia would receive another round of fuel price cuts before Hari Raya Haji which falls on the 8th of December 2008.
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Shahrir: Another 15 sen price cut may come soon; Fomca wants RM3 per liter floor price
Fomca (Federation of Malaysian Consumer Associations) spoke to the NST on Sunday and said they would like to see a floor price of RM3 per liter to encourage prudent use of petrol.
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RON95 may replace RON92 at pumps in 2009
Datuk Shahrir Samad says we could see the addition of RON95 petrol at the fuel pumps in 2009, perhaps replacing RON92 fuel.
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Shahrir: Government now enjoying fuel tax revenue
According to Datuk Shahrir Samad, the Malaysian government is now enjoying tax revenue of about 39 sen per liter from the sale of petrol and diesel in Malaysia.
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RON97 priced at RM2.00 a liter effective Nov 18
New prices of RON97, RON92 and diesel fuel in Malaysia slashed by 15 sen each effective the 18th of November 2008.
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Shahrir: Fuel price to be cut further mid-Nov
As expected, there will be another round of fuel price revisions coming mid-November (likely the 15th of November 2008, this Friday) and Minister of Domestic Trade and Consumer Affairs Datuk Shahrir Samad indicates that it […]
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Shahrir suggests minimum RM1.92 price for fuel
The RM625 subsidy will be gone next year. In its place will be a new system that has yet to be decided by the government.