The price for RON-97 has been reduced by 3 sen to RM2.62, effective from January 11 to 17. The prices for RON-95 and diesel are unchanged at RM2.08 and RM2.18 respectively, as announced by the Ministry of Finance (MoF) recently.
The government has decided to cap the retail prices for RON-95 at RM2.08 and diesel at RM2.18 to reduce the burden on the public. Without the subsidized prices and under the Automatic Pricing Mechanism (APM), the price of RON-95 and diesel should be at RM2.32 and RM2.46 per liter, respectively.
The MoF states that this week’s subsidy of petrol will cost the government an estimated RM122.85 million – RM83.16 million for RON-95 and RM39.69 million for diesel.
Weekly fuel prices will continue to be announced every Friday.
Read more stories below!
Only buy authentic and authorized Shell Helix motor oils. Find out how you can distinguish a genuine product from a counterfeit one!
Now when you pump RON 95 at Shell, Caltex, Petron and Petronas, your fuel is now Euro 4M compliant!
The 2019 Volvo S60 T8 horsepower has the best value for money in Malaysia. Click here to find out more!
Upgrade your ride to a more economical car for the new year! Sell your car to Carsome today!