Fuel Price RON95, RON97 & Diesel for 18 January 2018 – 24 January 2018
Source: Petrol Price Malaysia
Petrol Price Malaysia Week 18 – 24 Jan 2018
- RON95 : RM2.30 per litre (+ RM0.04)
- RON97 : RM2.57 per litre (+ RM0.04)
- Diesel : RM2.32 per litre (no change)
Petrol Price Malaysia Week 11 – 17 Jan 2018
- RON95 : RM2.26 per litre
- RON97 : RM2.53 per litre
- Diesel : RM2.32 per litre
The ceiling Petrol Price is applicable to All Petrol stations in Malaysia including Shell, Petronas, Petron, BHPetrol and Caltex stations.
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Fuel price Malaysia control history
A new formula to fix fuel prices will be announced next week, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin.
He said the move was to ensure stability in the domestic oil industry.
He added that the ministry would be holding a meeting with oil industry players next week to discuss the formula.
“The people must sympathise with petrol station operators who suffer losses when oil prices drop. They (petrol station operators) feel they are the victims (when prices drop),” he told reporters after attending a Ramadan function here Friday.
The retail prices of petrol and diesel have been on a downward trend lately.
Since April 1, the retail prices of RON95, RON 97 and diesel are set on a weekly basis.
It was previously on a monthly basis based on the managed float system. – Bernama
Source: The Star