RON97 up 5 sen, RON95 and diesel unchanged

PETALING JAYA (Dec 27): The retail price per litre of RON97 petrol will increase by five sen per litre to RM2.63 from from Saturday to Jan 3 under the automatic pricing mechanism (APM), the Ministry of Finance said in a statement today.

Meanwhile, the prices per litre of RON95 and diesel will remain at RM2.08 and RM2.18 respectively.

According to the ministry, the actual prices per litre of RON95 and diesel under the APM should be RM2.33 and RM2.39, and the government is spending RM117.06 million to subsidise fuel prices.

The weekly fuel pricing mechanism was reintroduced on Jan 5 under the APM.

Under this system, weekly fuel prices are announced every Friday and remain in force for one week.

Click here for more property stories.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
  1. RON95, RON97 up seven sen, diesel up three sen per litre
  2. Floor premiums and what they mean
  3. RON97 and RON95 down 4 sen, diesel down 2 sen per litre